| Growth in turnover |
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Gross sales for the year increased by 18% to Rs. 1497 cr from Rs. 1265 cr last year. |
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Net sales increased to
Rs. 1292 cr. from 1097 cr. last year |

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Segment wise break-up of net sales:
Cement - 57%
Paper - 21%
Electricals - 22%
|
| Increased profits |
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Net profit before tax went up to Rs. 313 cr from Rs. 196 cr last year. |
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Orient's cement business has recorded a
PBIT of 43% of net sales and ranks as one of the most profitable in the Indian cement industry. |
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Paper and fan divisions have recorded best ever profitability and rank amongst the best in their respective industry segments.
|
| Net profit after tax and EPS |
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Net profit after tax increased to
Rs. 204.4 cr from Rs. 130.7 cr last year recording an increase of close to 66% over last year. |
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This translates to an EPS of Rs. 11.9 compared to Rs.8.2 per share last year. 120% dividend declared Orient had already paid an interim dividend of 50% during the year. The Board has recommended a final dividend of 70%, bringing the total dividend to 120% for the year. This will be applicable to the expanded capital after issue of rights shares. Last year the Company had paid dividend of 100%. |
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1 million ton additional capacity completed on schedule |
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Orient expanded its cement capacity by 1 million tons. This brings its capacity to 3.4 million tons per year.
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| Future expansions on track: |
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The next phase of cement expansion to 5 million ton is expected to be completed on schedule before end of F.Y. 09. |
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The new 50 MW captive power plant at Devapur, which will further improve the cement division's profitability, is expected to be completed during F.Y. 09. |
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Orient continues to maintain its leadership position in the Tissue paper segment. Expansion of Tissue paper capacity is expected to be completed in 08-09. |
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In its electrical division, Orient has diversified into the fast growing CFL and other energy saving lighting products. CFLs have been launched in select markets in Northern India. |