Ingersoll-Rand (India) Ltd profits were 2.9 per cent higher at Rs 16.63 crore for the second quarter of this fiscal.

The company’s revenues were down 2.31 per cent at Rs 141.95 crore, while EPS was at Rs 5.27 compared with Rs 5.12 last year.

The board of directors of the company at its meeting has declared an interim dividend of Rs 3 per share (30 per cent) for the year ending March 31, 2013. The nominal value per share is Rs 10.

comment COMMENT NOW