The Hindu Business Line : Eicher declares 290% interim

Eicher Motors Ltd on Saturday declared an interim dividend of 290 per cent for the financial year 2006-2007. This includes a one-time special dividend of 250 per cent. The dividend will be distributed to shareholders as per record date of March 20, 2007. According to the company, it has recorded a 19 per cent growth in sales volumes within its commercial vehicles domain, 6 per cent across its two-wheeler category and a marked growth in sales turnover of 27 per cent in its automotive component business in the first 11 months of the current financial year. During the nine months ended December 2006, the company generated profit-after-tax of Rs 40 crore as against Rs 22 crore (net of exceptional profit of Rs 167 crore) in the corresponding previous year.

More Stories on : Dividend Announcement | Stocks | HCV/LCV/Tractors

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

Stories in this Section
Eicher declares 290% interim

Hind Paper embarks on Rs 660-cr modernisation, tech upgradation plan

Reliance, IPCL merger swap ratio set at 1:5

Volkswagen - wooed and won

Apollo to invest Rs 400 cr in new projects

Spentex plans to double capacity

Pricol Tech not to revoke workers' transfer orders

Kinetic plans motorcycle launch with Taiwan co

NDTV Convergence's new CEO