Financial Daily
from THE HINDU group of publications
Monday, May 28, 2001
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Financial Daily from THE HINDU group of publications Monday, May 28, 2001 |
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Deepak Fertilisers PAT rises
MUMBAI: Deepak Fertilisers and Petrochemicals Corporation Ltd has posted a profit after tax (before extraordinary items) of Rs 69.02 crore for the year ended March 31, 2001 as against Rs 53.66 crore last year.
Total Income for the fiscal fell by 21.83 per cent to Rs 489.98 crore (Rs 596.96 crore).
The company board has recommended a 25 per cent dividend for the year amounting to Rs 20.58 crore.
Extraordinary items for the year represent a provision of Rs 4.26 crore made towards unrealised insurance claim and Rs 2.77 crore towards rollback of interest concessions by financial institutions and banks after consideration of which the net profit for
the current year ended March 31, 2001 stands at Rs 62.7 crore. -- Our Bureau
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