D-Link Q2 net up by 71%
By Our Convergence Bureau | 20 Oct 2003
Mumbai:
D-Link India has shown excellent results for the quarter
ended 30 September 2003. Net sales for the quarter grew
by 26 per cent and stood at Rs 60.04 crore (Rs 47.77
crore) and profit before depreciation and tax for the
quarter stood at Rs 11.11 crore (Rs 6.72 crore).
After providing Rs 8.82 lakh (Rs 9.09 lakh) towards interest and Rs 96.52 lakh (Rs 89.54 lakh) for depreciation and provision for current tax of Rs 85 lakh (Rs 44 lakh) and deferred tax of Rs 20 lakh (Rs 1.50 lakh), the net profit for the quarter stood at Rs 9 crore (Rs 5.28 crore), a steep rise of 71 per cent over the previous quarter.
The company''s net sales for the half year ended 30 September 2003 stood at Rs 101.29 crore (Rs 86.61 crore) and the net profit for the period stood at Rs 15.82 crore (Rs 11.03 crore). The board of directors has recommended an interim dividend of 60 per cent and the record date for payment of dividend will be 7 November 2003.