Our Correspondent

Madurai, Oct. 10

The Tirunelveli-based textile mill The Sri Ganapathy Mills Ltd has declared a dividend of 10 per cent for the financial year 2005-2006 at the annual general meeting held recently.

The company during the current year posted a net profit of Rs 2.7 crore against the previous fiscal's Rs 50.06 lakh. The operating profit increased to Rs 6.2 crore against Rs 3.9 crore, according to a company press release.

(This article was published in the Business Line print edition dated October 11, 2006)
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