labels: indo gulf corporation
Indo-Gulf posts net profit of Rs 2,962 millionnews
04 May 2002
Mumbai: Indo-Gulf Corporation Ltd has posted a net profit of Rs 2,962.40 million for the financial year ended 31 March 2002 as compared to Rs 2,516.70 million for the corresponding period last fiscal. The total income has increased from Rs 22,487.10 million for FY-01 to Rs 27,720.70 million for FY-02.

The board of directors has recommended a dividend of Rs 2.60 per share aggregating to Rs 585.5 million. It has also recommended payment of dividend @ Rs 2.60 per share on the equity shares of the company for the year ended 31 March 2002.

 The register of members and share transfer books of the company will remain closed from 29 July 2002 to 7 August 2002 for the purpose of payment of divide

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Indo-Gulf posts net profit of Rs 2,962 million