The Hindu Business Line : Jayant Agro to pay 50%

MUMBAI: The board of directors of Jayant Agro-Organics Ltd (JAOL) has recommended 50 per cent dividend to its shareholders for 2004-05. The board has also approved 7 per cent dividend on preference shares, company release said.

For the quarter ended March 31, 2005, sales jumped to Rs 276.20 crore against Rs 85.40 crore in the corresponding period previous year. . Net profit stood at Rs 1.74 crore.

The company on a consolidated basis has posted a higher net profit of Rs 6.47 crore for the year ended March 31, 2005 against Rs 45.62 lakh in the previous year. Consolidated net sales rose to Rs 623.47 crore (Rs 267.91 crore).

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

Stories in this Section
Essar Oil clarifies on Ratna, Mehsana blocks

Jayant Agro to pay 50%

M&M rolls out new pick-up vehicle

SPML bags Delhi Govt deal for waste management

Hyderabad co in deal to sell carbon credits to Japan firm

GangaGen bags 2 US patents for phage knowhow

ISMT to merge into India Seamless Steels

Nostalgia for Note 18

Hay House into joint venture with Indian firm

`We want to produce the best tea at the lowest price'

BHEL bid to build 400-MW power plant in Sudan

ITC printing unit goes global with pioneering solutions

Arvind Mathew to take over as Ford India MD — New car to be rolled out by year-end

New VP for Green Park hotel

AGM & `problem' shareholders — CESC's way of keeping them at safe distance