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Our Bureau

Kolkata, Feb. 27 BOC India, a member of the Linde Group, posted a turnover of Rs 327.19 crore for the nine months ended December 31, 2007.

The net profit for the period amounted to Rs 61.66 crore and the board declared 20 per cent dividend for the period. On annualised basis, the dividend comes to 26.7 per cent which is marginally higher than that declared in the full year that ended in March 2007.

This has been so done to align the company’s accounting year with that of the Linde AG, according to a press release issued by the company. Earlier, the accounting year used to be from April to March.

During the nine months under review, the company recorded an exceptional profit of Rs 60.92 crore from the sale of immovable property at Hyderabad after providing for higher depreciation and impairment charge of Rs 24.13 crore.

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