Bombay Rayon Fashions FY09 achieves net profit at Rs136 cr

Bombay Rayon Fashions FY09 achieves net profit at Rs136 cr
PTI
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First Published: Tue, Jun 30 2009. 02 51 PM IST
Updated: Tue, Jun 30 2009. 02 51 PM IST
Mumbai:Apparel manufacturer and exporter Bombay Rayon Fashions on Tuesday reported a consolidated net profit of Rs136.67 crore for the financial year 2008-09.
The apparel company had recorded a net profit of Rs122.74 crore in the previous fiscal.
The company in a filing to the Bombay Stock Exchange (BSE) said that the figures of the latest fiscal are not comparable with the figures of the corresponding period a year earlier, due to its merger with its subsidiary firm Leela Scottish Lace.
The consolidated net sales of the company stood at Rs1,514.51 crore during 2008-09, while the same was at Rs1,089.05 crore in the last fiscal.
The garment exporter posted a net profit of Rs148.49 crore during the FY09 on a standalone basis, whereas it had a net profit of Rs121.12 crore the last year.
The standalone net sales of the company stood at Rs1,342.40 crore during the financial year 2008-09, while it was at Rs926.11 crore the last year.
Bombay Rayon Fashions has declared a dividend of 15% or Rs1.50 per share for the 2008-09 fiscal.
Shares of the Bombay Rayon Fashions dipped to 4% and were trading at Rs185.55 in the afternoon trade on the BSE.
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First Published: Tue, Jun 30 2009. 02 51 PM IST