Financial Daily from THE HINDU group of publications
Saturday, Jul 12, 2003
Financial Daily from THE HINDU group of publications Saturday, Jul 12, 2003 |
|
|
|
|
|
Corporate
-
Announcements Impal to pay 150 pc Our Bureau
Chennai, July 11 INDIA Motor Parts Ltd has kicked-off its 50th year celebrations with a 150 per cent dividend for 2002-03, 30 percentage points higher than for the previous year. The company's board of directors has recommended a dividend of Rs 15 per share, compared to Rs 12 earlier. Impal's Golden Jubilee year begins on Saturday, July 12. The TVS group company is into distribution of automotive spare parts. In 2002-03, its net profit amounted to Rs 8.20 crore, compared to Rs 8.38 crore in the previous year. Turnover increased to Rs 179.75 crore in 2002-03, compared to Rs 175.82 crore in the previous year. One noteworthy feature of the year's performance is that the interest charges were reduced to zero, from Rs 37.43 lakh in the previous year.
Article E-Mail :: Comment :: Syndication
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|