Financial Daily from THE HINDU group of publications
Saturday, May 28, 2005
Financial Daily from THE HINDU group of publications Saturday, May 28, 2005 |
|
|
|
|
|
Corporate Results
-
Chemicals Colour-Chem posts Rs 16-cr net profit Our Bureau
Mumbai , May 27 COLOUR-Chem Ltd has posted a net profit of Rs 15.59 crore for the year ended March 31, 2005 against Rs 33.57 crore in the previous year. According to a press release, the net profits are not comparable as the company incurred a deferred tax charge of Rs 5.64 crore during the year, while it had a deferred tax credit of Rs 18.02 crore in the previous year. The operating profit was up 43 per cent with profit before tax of Rs 35.79 crore. The improvement in operating performance reflects the benefits of company's ongoing internal restructuring and downsizing initiatives, said the release.
The board has recommended a dividend of 60 per cent, same as that of previous year.
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
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 | The Hindu Images | Home |
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
|