Indusvista Ventures board recommends 10% dividend
Indusvista Ventures board recommends 10% dividend The board of directors of Indusvista (Q, N,C,F)* Ventures, at its meeting held on Aug. 31, 2007, recommended 10% dividend. Net sales for the quarter rose 86.73% to Rs 1.83 million compared with the corresponding quarter, a year ago. Shares of the company closed down Rs 0.67, or 4.95%, at Rs 12.86. The total volume of shares traded at the BSE was 2,800. (Wednesday)
>
The company reported a phenomenal jump in net profit for the quarter ended June 2007. During the quarter, profit of the company went up 2.01 times to Rs 1.59 million from Rs 0.79 million in the same quarter last year.
