Pioneer Investcorp posts revenue up 274%, Profit up 336%
The Board of Directors of Pioneer Investcorp took on record the audited consolidated results for Financial Year 2007-2008, at a Board Meeting held in Mumbai today.
Some Highlights:
1. The consolidated total income for the year ended March 2008, at Rs.9199.16 lacs, reflects a growth of 274% over the corresponding period last fiscal which was at Rs.2460.44 lacs.
2. PINC has earned a higher net profit after tax for the year ended March 2008 of Rs 4573.73 lacs, than its net profit after tax of the previous FY 2006-2007 of Rs.1047.98 lacs.
3. PINC’s EPS of FY 07-08 at Rs.44.72 is more than three fold than the EPS of the previous FY,2006-2007 which was at Rs.12.59
4. PINC declared a yearly dividend for FY 0708 @15% (Rs 1.5 per equity share of face value of Rs 10/- each)
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