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Hindustan
Lever Ltd (HLL) has posted a net profit of Rs333.67 crore for the quarter
ended December 31, 2004 as compared to Rs494.72 crore for the same quarter
in the last financial year. Total Income has increased from Rs2,684.53 crore
in Q4 2003 to Rs2,692.38 crore for the quarter ended December 31, 2004.
The company
has posted a net profit of Rs1,197.36 million for the year ended December
31, 2004 from Rs1,771.79 crore for the year ended December 31, 2003. Total
Income declined marginally to Rs10,245.79 crore for the year ended December
31, 2004 from Rs10,598.18 crore in FY-03. The
consolidated results are:
The Group has posted a net profit of Rs1,208.40 crore for the year ended
December 31, 2004 where the same was Rs1,687.34 crore for the year ended
December 31, 2003. Total Income also declined to Rs10,901.81 crore for the
year ended December 31, 2004 from Rs11,268.77 crore in FY-03.( Note:
The results for the year are not comparable to those of the previous year
due to the sale of edible oils and fats business effective from August 29,
2003.) The
board of directors at the meeting held on February 11, 2005, recommended
a final dividend of Rs2.50 per equity share of Re1 for the year 2004, subject
to approval of the shareholders. Together with the interim dividend of Rs2.50
per share the total dividend for the year works out to Rs5.00 per share.
Distribution tax will be borne by the company. The
register of members of the company will remain closed from June
09, 2005, to June 23, 2005, (both days inclusive) in connection with the
payment of final dividend. The
company''s AGM is scheduled to be held on June 24, 2005.
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