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Thursday, May 24, 2001

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1:1 bonus from Monsanto India

The board of directors of Monsanto India has recommended issue of one bonus share for every equity share held in the company. It has also recommended payment of dividend of Rs. 10 per share for the year ended March 31, 2001.

The company has reported a net profit of Rs. 19.24 crores during the year on a total income of Rs. 272.06 crores. Net sales were Rs. 269.68 crores while other income was Rs. 2.38 crores.

The net profit during the previous year was Rs. 12.03 crores and total income Rs. 114.49 crores.

The company stated that the figures for the current year are not comparable with those of the previous year.

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