“The standalone PAT of the company stood at Rs 109.06 crore during the same period a year ago,” Amara Raja Batteries Ltd said in a filing to the Bombay Stock Exchange on May 24, 2017.
However, its standalone total income grew by 17.8 per cent at Rs 1,526.99 crore during Q4 2016-17, as compared to Rs 1,296.04 crore during the same period last year.
The total expenses of the company rose by 21.7 per cent to Rs 1,378.95 crore, as against Rs 1,132.81 crore reported from the corresponding quarter of last financial year. The company’s board has recommended a dividend of Rs 4.25 per equity share (representing 425 per cent) on the equity share of Rs 1 each fully paid up for the financial year ended March 31, 2017, subject to approval of the shareholders of the company.
Meanwhile, shares of the company closed at Rs 834.85 apiece, down 4.50 per cent, from previous close on BSE.