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Saturday, Jun 19, 2004

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Shrenuj turnover up 39 pc; to pay 25%

Our Bureau

Mumbai , June 18

SHRENUJ & Company Ltd has announced 25 per cent dividend for the financial year 2003-04, up 22 per cent last year.

The company achieved a sales turnover of Rs 409.74 crore, recording an increase of 39.40 per cent growth over last year.

The profit before depreciation, interest and tax also rose to Rs 31.08 crore from Rs 22.29 crore last year.

The company has been consistently posting double-digit growth in its sales turnover for past few years.

The company is expanding its manufacturing facilities with two diamond manufacturing units and one export oriented jewellery unit at SEEPZ.

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