Date:30/10/2004 URL: http://www.thehindubusinessline.com/2004/10/30/stories/2004103001140201.htm

Back J.B. Chem Q2 net up 14.8 pc

Our Bureau

MUMBAI: Despite investments in marketing expenses and human resources, J.B. Chemicals & Pharmaceuticals Ltd has posted a 14.75 per cent growth in net profit, according to a company communication issued here on Friday.

The company clocked a net profit of Rs 21.97 crore for the second quarter ended September 30, 2004, compared to Rs 19.14 crore in the same period last year. Net sales were up 18.39 per cent at Rs 103.48 crore (Rs 87.41 crore).

The board has declared a higher interim dividend of Rs 5 (50 per cent) per equity share, on a capital base of Rs 16.06 crore divided into 1,60,59,000 equity shares of Rs 10 each, fully paid-up, the note said.