Financial Daily from THE HINDU group of publications
Wednesday, May 21, 2003
Financial Daily from THE HINDU group of publications Wednesday, May 21, 2003 |
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Corporate Results
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Automobile Components Rane Engine Valves' net at Rs 1.46 cr Our Bureau
CHENNAI, May 20 RANE Engine Valves Ltd has reported a net profit of Rs 1.46 crore on net sales of Rs 31.49 crore for the quarter ended March 31, 2003 against a net profit of Rs 1.46 crore on net sales of Rs 27.75 crore for the same period in the previous year. For the year ended March 31, 2003 it showed a net profit of Rs 7.53 crore on net sales of Rs 119.78 crore compared to a net profit of Rs 3.43 crore on sales of Rs 100.69 crore in the previous year. The board of directors has recommended a dividend of Rs 4.50 per share (45 per cent) against Rs 3.50 in 2001-02.
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