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Gujarat Ambuja declares final dividend of 90%news
01 August 2005

Gujarat Ambuja Cements Limited has reported an increase of 43 per cent in profit after tax of Rs518.09 crore (Rs2,414.96 crore in the last financial year) on a turnover of Rs3,085.47 crore, (Rs. 362.43 crore) - an increase of 28 per cent for the year ended June 30, 2005.

The company has declared a final dividend of 30 per cent, (on expanded capital arising out of bonus issue in the ratio of 1:2). After its interim dividend of 60 per cent the final dividend stands at 90 per cent for the current year. The total amount of dividend including tax is Rs215.70 crores, a payout ratio of 46 per cent.


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Gujarat Ambuja declares final dividend of 90%