Lakshmi Mills declares 12% dividend
Lakshmi Mills declares 12% dividend The members of Lakshmi Mills (Q, N,C,F)* Company at the 97th Annual General Meeting (AGM) of the company held on Aug. 30, 2007declared dividend of 12% on the paid-up capital of the company for the year ended Mar. 31, 2007. >Lakshmi Mills Company swung to a loss for the quarter ended June 2007. During the quarter, the company witnessed a loss of Rs 22.64 million as compared with a profit of Rs 7.95 million in the corresponding quarter of the previous year. Net sales for the quarter declined 20.99% to Rs 278.57 million compared with the corresponding quarter, a year ago.
Shares of the company were last trading up Rs 5.65, or 0.35%, at Rs 1,604. The total volume of shares traded at BSE was 117. (2.49 p.m, Monday)
