Date:14/05/2005 URL: http://www.thehindu.com/2005/05/14/stories/2005051407521700.htm

Business - Briefly

Vanavil Dyes recommends 20 p.c.

CHENNAI: The directors of Vanavil Dyes and Chemicals have announced a dividend of 20 per cent for the year ended March 31, 2005 against 15 per cent in the previous year. Net sales were higher at Rs. 50.87 crores against Rs. 34.42 crores and the profit, before interest, depreciation and taxation, at Rs. 5.80 crores against 2.39 crores.