Sesa Goa offers dividend of Rs 3 per share

Mumbai: Sesa Goa Ltd has fixed the book closure from 25 to 27 June 2002 for the purpose of payment of dividend of Rs 3 per share. The board of directors had approved the payout of the dividend at its meeting held on 22 May 2002.

Sesa Goa posted a net profit of Rs 97.21million for quarter ended 31 March 2002 as compared to Rs 99.35 million for the corresponding period last fiscal. The total income of the company increased from Rs 1,076.01million in MQ 2001 to Rs 1,114.29 million in MQ 2002.

The company posted a net profit of Rs 155.92 million for FY-02 as compared to Rs 183.10 million for FY-01. The total income decreased from Rs 2,935.56 million in FY-01 to Rs 2,709.09 million in FY-02.