Integrated Financial Services Limited, at its Board of Directors meeting held on 29 May, 2017, has considered and approved recommendation of final dividend of INR 1.20 per equity share of INR 10/-each subject to the approval of the shareholders of the company at the upcoming annual general meeting.

The company announced audited earnings results for the fourth quarter and full year ended March 31, 2017. For the quarter, the company reported net sales of INR 19.981 million compared with INR 7.142 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 33.478 million compared with INR 14.027 million for the same period a year ago. Profit from ordinary activities before tax was INR 33.478 million compared with INR 14.027 million for the same period a year ago. Net profit was INR 27.138 million or INR 4.52 per basic and diluted share compared with INR 10.702 million or INR 1.78 per basic and diluted share for the same period a year ago.

For the full year, the company reported net sales of INR 37.727 million compared with INR 22.111 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 51.039 million compared with INR 29.033 million for the same period a year ago. Profit from ordinary activities before tax was INR 51.039 million compared with INR 29.033 million for the same period a year ago. Net profit was INR 41.485 million or INR 6.91 per basic and diluted share compared with INR 23.753 million or INR 3.96 per basic and diluted share for the same period a year ago.