Sunflag Iron and Steel Company (NSE:SUNFLAG, BOM:500404) recorded a decline in its consolidated attributable profit to 432.4 million Indian rupees in the fiscal fourth quarter ended March 31, against 429.5 million rupees a year ago.
Earnings per share came in at 2.40 rupees compared with the year-ago figure of 2.38 rupees, according to a Tuesday filing to the Indian stock exchanges.
Revenue from operations in fiscal Q4 fell to 8.83 billion rupees from 9.19 billion rupees a year earlier.
The company's board recommended a final dividend of 0.75 rupees per share on equity shares of face value of 10 rupees each for the financial year ended March 31.
Sunflag's shares were down over 2% in recent trade.
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