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Higher interest payout and an increase in deferred tax liabilities has resulted in a 36 per cent fall in consolidated net profit of Adhunik Metaliks to Rs 37 crore during the fourth quarter ended March 31, 2011. Consolidated net sales increased 25 per cent to Rs 551 crore. Net profit for 2010-11 went up over 34 per cent to Rs 184 crore. The board has proposed a dividend of 15 per cent on equity shares of Rs 10 each. Adhunik shares closed at Rs. 81.35, down 1.45 per cent on the BSE.
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