Navneet Publications (India) Ltd. (NPIL) has declared Q4 results, the net sales / income from operations has come down marginally from Rs.42.68 Crores to Rs.39.28 Crores. However, due to translation of Foreign Currency Loan and Forward Covers as per Accounting Standard 11 issued by ICAI, the Profit after Tax dropped from Rs.4.38 Crores to Rs.1.21 Crores.
As per Un-audited Results for the full year ended 31st March 2005 the Company registered growth of 8.58% in turnover from Rs.252.85 Crore to Rs.274.54 Crores and the Profit After Tax fell by 10% from Rs.35.15 Crores to Rs.31.88 Crores.
The Company has declared 2nd Interim Dividend of 25%.