Date:03/05/2005 URL: http://www.thehindu.com/2005/05/03/stories/2005050302021901.htm

Business - Briefly

Ultramarine pays 150 p.c.

CHENNAI: Ultramarine & Pigments has recommended a dividend of 150 per cent (Rs. 15 per share) for the year ended March 31, 2004. Total income increased to Rs. 66.33 crores from Rs. 56.47 crores while the net profit after tax was Rs. 14.99 crores (Rs. 9.32 crores), a rise of 61 per cent, says a release.