Ennore Port pays dividend

Our Bureau Updated - September 29, 2012 at 09:40 PM.

Ennore Port Ltd has paid a dividend of Rs 12.90 crore to the Centre, and Rs 6.44 crore to the Chennai Port Trust. This is the fourth year in a row that the EPL is paying dividend to shareholders. For the year ended March 31, 2012, the port reported post-tax profit of Rs 96.72 crore against Rs 55.58 crore in the corresponding year. It declared a dividend of 20 per cent on post-tax profit. Being a corporate port, the EPL is the only major port paying dividend to the Government, says a press release issued by the port.

Published on September 29, 2012 11:33