Comments
Shree Cement Ltd reported a net profit of Rs 66 crore for the quarter ended on March 31, 2011. The company had reported a loss of Rs 71 crore for the corresponding period last fiscal. During the quarter, the company's net sales went up by over 13 per cent to Rs 1,070 crore. For the year ending March 31, the company reported 69 per cent dip in net profit to Rs 210 crore.
The board of directors has proposed a final dividend of Rs 8, thereby taking the total dividend during 2010-11 to Rs 14 on equity shares of Rs 10 each. Shares of the company on Friday closed at Rs 1877.05, up by nearly one per cent, on the BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.