Century Extrusions Ltd. has announced its financial results for 2009-10. The Net Turnover at Rs.122.71 crores (Previous Year Rs.98.56crores) and PAT at Rs.5.35crores (Previous Year Rs.2.80crores) show increase of 25% and 91% respectively. The growth is mainly attributable to higher volumes in Aluminium Extrusions. The Company achieved extrusion production of 8829MT in comparison to 6320MT in previous year showing a growth of 40%.
The Company has declared a dividend of Re.0.10 per share (10%) on face value of Re.1.00 per share.
The Company has doubled its installed capacity for manufacture of Extrusions from 7500TPA to 15000TPA with the commissioning of its new extrusion line consisting of most modern and state-of-art equipment at a capital investment of Rs.40.00 crores.
The Company has benefited from the growth in demand from all its customer segments, during the last fiscal with overall double digit growth of demand in the extrusions industry.
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