Vipul, a leading real estate developer, recorded revenues of Rs 810.7 million, an increase of 49% from Rs 542.9 million in Q4FY07. EBIDTA stood at Rs 202.3 million, against Rs 224.2 million in Q4 FY07. The net profit for the period stood at Rs 92.5 million.
The non annualized EPS for the quarter was Rs 1.81. Operating margins in the quarter stood at 25% and net margins stood at 11.41%.
The board of directors of Vipul has recommended the dividend at 17.50% i.e Rs 0.35 a share of Rs 2 each for the year 2007-2008, subject to the approval of the shareholders.
More : myiris.com
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