Moser Baer Q4 & FY 07 results

Moser Baer India Ltd has announced the following results for the quarter & year ended March 31, 2007:

The Unaudited results for the Quarter ended March 31, 2007

The Company has posted a net profit after taxes of Rs 397.19 million for the quarter ended March 31, 2007 as compared to Rs 3.49 million for the quarter ended March 31, 2006. Total Income has increased from Rs 5218.89 million for the quarter ended March 31, 2006 to Rs 5448.97 million for the quarter ended March 31, 2007.

The Audited results for the Year ended March 31, 2007

The Company has posted a net profit after taxes of Rs 1097.87 million for the year ended March 31, 2007 as compared to Rs 46.66 million for the year ended March 31, 2006. Total Income has increased from Rs 17248.07 million for the year ended March 31, 2006 to Rs 20612.44 million for the year ended March 31, 2007.

The Consolidated results are as follows:

The Audited consolidated results for the Year ended March 31, 2007

The Group has posted a net profit of Rs 788.27 million for the year ended March 31, 2007 as compared to net loss of Rs 64.71 million for the year ended March 31, 2006. Total Income has increased from Rs 17199.57 million for the year ended March 31, 2006 to Rs 20606.52 million for the year ended March 31, 2007.


Moser Baer India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2007, inter alia, has recommended payment of a dividend @ Rs 1.5 per share for the year 2006-07 amounting to Rs 167,401,776 on 111,601,184 equity shares of Rs 10 each.

Moser Baer Board recommends bonus issue : ratio of 1 Equity Share for every 2 Equity Shares held

Update on 08 05 2007

Moser Baer India Ltd has informed BSE that Moser Baer Photo Voltaic Ltd (MBPV) and IFC, the private sector arm of the World Bank Group, on May 07, 2007 jointly announced that IFC will fund USD 22.5 million (INR 100 crore) to MBPV.