• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi , May 2

INTEGRATED sponge iron player Monnet Ispat has reported a 372 per cent increase in net profit at Rs 36.12 crore during the fourth quarter of 2004-05.

Turnover was up 60 per cent at Rs 234.64 crore during the period. The profit for the quarter includes the impact of deferred taxation.

The company's consolidated net profit for 2004-05 showed a growth of 337 per cent at Rs 123.83 crore, while the turnover jumped 152 per cent to Rs 777.77 crore.

Announcing the financial results, the Executive Vice-Chairman and Managing Director, Mr Sandeep Jajodia, said the board had approved a dividend of 35 per cent, taking the total dividend for the fiscal to 60 per cent.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Satnam Q4 net rises 40%

Copyright © 2005, 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