V-Guard Industries’ board of directors has recommended a final dividend of Rs 2.50 per

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equity share of the company, considering the positive results for the financial year 2008-09.

The company posted a growth of 18.66 per cent in net profit for the financial year against the previous financial year.

The profit after tax of the company for the financial year 2009 (FY09) was

Rs 17.34 crore. The net sales for the year stood at Rs.316.77 crore, compared to Rs.278.11 crore during the previous fiscal. It registered a growth of 13.90 per cent in net sales.

V-Guard commissioned two manufacturing facilities in the financial year 2008-09, for the manufacture of LT Power cables at Coimbatore and that of Building Wire Cables at Kashipur.