Olectra Greentech (NSE:OLECTRA, BOM:532439) recorded a rise in its consolidated attributable profit to 210.0 million Indian rupees in the fiscal fourth quarter ended March 31, against 137.1 million rupees a year ago.
Earnings per share came in at 2.56 rupees compared with the year-ago figure of 1.67 rupees, according to a Monday filing to the Indian stock exchanges by the composite polymer insulators and electrical buses manufacturer.
Revenue from operations in fiscal Q4 also increased to 4.49 billion rupees from 2.89 billion rupees a year earlier.
The company's board recommended the final dividend of 0.40 rupees per equity share of 4 rupees each.
Olectra's shares were down nearly 6% in recent trade.