NSE:HESTERBIO

Hester Biosciences' Consolidated Profit Soars in Fiscal Q4; Shares Jump 10%

Hester Biosciences' (NSE:HESTERBIO, BOM:524669) consolidated attributable profit surged to 159.8 million Indian rupees in the fiscal fourth quarter ended March 31, from 12.9 million rupees a year ago.Earnings per share jumped to 19.45 rupees from 1.82 rupees a year earlier, the biosciences company said in a filing to the Indian stock exchanges on Friday.Revenue from operations in fiscal Q4 also increased to 1 billion rupees from 819.3 million rupees a year earlier.The company's board recommended a dividend of 11 rupees per equity share of 10 rupees each for the fiscal year ended March 31.The company's shares surged nearly 10% in recent trade.