Date:25/07/2008 URL: http://www.thehindu.com/2008/07/25/stories/2008072551461600.htm

Business - Briefly

Aban Offshore recommends 180 % dividend

CHENNAI: Aban Offshore has reported a total income of

Rs. 731.81 crore (standalone basis) for the year ended March 31, 2008 against Rs. 564.59 crore in the corresponding period in the previous year. The profit after taxation has improved to Rs. 159.10 crore from Rs. 99.60 crore. The board has recommended a dividend of 180 per cent (150 per cent) for 2007-08. — Corporate Reporter