Birla Corp Q4 net up 51 pc; declares 35 pc dividends - Hindustan Times
close_game
close_game

Birla Corp Q4 net up 51 pc; declares 35 pc dividends

PTI | By, Mumbai
May 30, 2007 11:04 PM IST

The board of directors at its have declared a 35 per cent dividend of Rs 3.50 on 7.70 crore equity shares of Rs 10 each.

Birla Corporation, the flagship company of M P Birla group, on Wednesday posted 50.71 per cent rise in net profit at Rs 101.19 crore for the fourth quarter ended March 31, as compared to Rs 67.14 crore for the same period last year.

HT Image
HT Image

The total income (net of excise) grew 14.86 per cent to Rs 455.91 crore for the quarter from Rs 396.90 crore for the corresponding quarter a year ago, Birla Corporation informed the Bombay Stock Exchange.

Hindustan Times - your fastest source for breaking news! Read now.

The board of directors at its meeting today declared a 35 per cent dividend of Rs 3.50 on 7.70 crore equity shares of Rs 10 each.

The company recorded a net profit of Rs 326.23 crore for the year ended March 31, as against Rs 125.76 crore last fiscal and the total income (net of excise) increased to Rs 1,593.41 crore from Rs 1,228.60 crore in the period under consideration.

The group posted a net profit (after minority interest) of Rs 325.48 crore for the year ended March 31, as compared to Rs 125.31 crore in the previous year and the total income (net of excise) grew to Rs 1,593.45 crore from Rs 1228.48 crore in the period under review.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On