Electrosteel Castings Limited announced an updates financial highlights 12 months ended March 31 2011.

1. Net Sales - INR 1711.43 crores i.e. increase by INR 282.66 crores (+ 19.78 %) as against INR 1428.77 crores of the previous year ended as on March 31st 2010 mainly due to 11% higher sale of DI Pipes.

2. Profit Before Tax - INR 214.89 crores i.e. decrease by INR 93.03 crores as against INR 307.92 crores of the previous year ended as on March 31st 2010 mainly due to steep rise in input costs.

3. Net Profit - INR 154.64 crores i.e. decrease by INR 51.65 crores as against INR 206.29 crores of the previous year ended as on March 31st 2010.

4. Earning per share - INR 4.43 i.e. decrease by INR 1.54 as against INR 5.97 of the previous year ended as on March 31st 2010.

5. Dividend - The directors recommended a dividend INR 1.25 per share i.e. 125% for the year ended March 31st 2011.