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The company had a net profit of Rs 62.3 million in the same quarter ended March 2008, Provogue India said in a filing to the Bombay Stock Exchange.
Net sales of the company declined to Rs 790.9 million for the quarter ended March 2009, against Rs 914 million in the same period ended March 2008.
For the year ended March 2009, the company has posted a consolidated net profit of Rs 592.0 million, a two-fold jump from Rs 25.39 crore in the same period ended March 2008.
The board of directors has proposed a dividend of Rs 0.30 a piece, subjected to shareholders approval.
(PTI) rw
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