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Helios & Matheson announces 1:1 bonus

CHENNAI: The board of directors of Helios & Matheson have again recommended issue of bonus shares in the ratio of one share for every equity share held. A dividend of 15 per cent has also been announced on the equity capital doubled by the issue of bonus shares last year. The company has reported a 100 per cent increase in its income to Rs. 49.68 crore for the year ended June 30, 2005, while the net profit has risen by 180 per cent to Rs. 7.66 crore from Rs. 2.72 crore.

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