India Cements declares 10% dividend
India Cements declares 10% dividend The members of India Cements, (Q, N,C,F)* at its meeting held on Sep. 24, 2007, declared dividend of 10%.
>The India Cements is engaged in the manufacture and sale of cement.
India Cements reported a phenomenal jump in net profit for the quarter ended June 2007. During the quarter, the company reported a 62.89% rise in profit to Rs 1,834.00 million from Rs 1,125.90 million in the same quarter last year.
Net sales for the quarter rose 44.50% to Rs 7,011.80 million compared with the corresponding quarter, a year ago.
Shares of the company were last trading down Rs 1.60, or 0.56%, at Rs 286.5. The total volume of shares traded at the BSE was 264,157.(3.10 p.m ,Monday ).
