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MIDHANI pays dividend to Govt

Our Bureau

Hyderabad , Oct. 30

MISHRA Dhatu Nigam Ltd (MIDHANI), the defence public sector undertaking (PSU), has paid its maiden dividend of Rs 137.34 lakh for the year 2003-04, after recording an all-time high sales of Rs 125.13 crore and a net profit of Rs 6.89 crore.

The Chairman and Managing Director of the Hyderabad-based PSU, Mr Devasis Chowdhury, presented the dividend cheque to the Union Defence Minister, Mr Pranab Mukherjee in New Delhi on Thursday.

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