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Corporate Results - Engineering


Samkrg Pistons profit up; to pay Rs 4.5

Our Bureau

Hyderabad , June 30

SAMKRG Pistons and Rings Ltd (SPRL) has registered growth both in turnover and net profit for the fiscal ended March 31, 2004. The board, which met on Wednesday to take on record the audited financial results, has recommended a dividend of 45 per cent for the year.

The sales turnover has increased to Rs 67.18 crore from Rs 58.73 crore in the previous fiscal, other income stood at Rs 40.26 lakh (Rs 42.36 lakh) and the net profit rose to Rs 6.93 crore from Rs 5 crore in the previous fiscal.

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