Man Industries declares dividend
Man Industries declares dividend >The members of Man Industries (Q, N,C,F)* India, at the 19th annual general meeting (AGM) of the company held on Sep. 14, 2007, declared dividend of Rs 3 a share. Further, the members approved sub division of equity shares of the company from Rs 10 a share into two fully paid up equity shares of Rs 5 each.
Man Industries (India) reported phenomenal jump in net profit for the quarter ended June 2007. During the quarter, the profit rose 66.35% to Rs 173.50 million from Rs 104.30 million in the corresponding quarter, last year.
Net sales for the quarter rose 54.10% to Rs 3209.90 million compared with the corresponding quarter, a year ago.
Shares of the company were last trading up Rs 0.5, or 0.19%, to Rs 269.75. The total volume of shares traded was 9,927 at the BSE. (Monday)
