Provogue India declares dividend
Provogue India declares dividend Provogue India declared a dividend of Rs 1.5 a share on the paid up equity capital of the company for the year ended Mar. 31, 2007. The dividend was approved by the members of the company at its 11th Annual general Meeting held on Sep. 14, 2007. >Further, the members adopted the audited accounts of the company for the year ended Mar. 31, 2007, and approved the Provogue-Employee Stock Option Scheme 2007. Provogue (India) reported a phenomenal jump in net profits for the quarter ended June 2007. During the quarter, the company reported a 72.37% rise in profits to Rs 47.35 million from Rs 27.47 million in the same quarter, last year. Net sales for the quarter rose 40.83%, to Rs 517.00 million compared with the corresponding quarter, a year ago. Shares of the company were last trading up Rs 8.90, or 1.15%, at Rs 785.00. The total volume of shares traded at the BSE was 5,377. (12.04 p.m, Monday)
