MUMBAI: Balaji Telefilms has posted a net profit of Rs 155.03 million for the quarter ended 31 March 2006 as compared to Rs 96.47 million a year ago.

The total income has increased to Rs 781.40 million, up from Rs 568.44 million during this period.

For the entire fiscal, the company has posted a net profit of Rs 596.428 million as against Rs 412.962 million for the year ended 31 March 2005.

Total income for the year was Rs 2.9 billion, up from Rs 2.01 billion a year ago.

The board of directors has recommended a full and final dividend of Rs 3 per share (150 per cent on par value of Rs 2 per share), subject to the approval of members at the ensuing annual general meeting.

Balaji Telefilms chief financial officer V Devarajan has put in his papers, the company said. Sandeep Jain will take over as the CFO of the company.