Financial Daily from THE HINDU group of publications
Friday, Jul 19, 2002
Financial Daily from THE HINDU group of publications Friday, Jul 19, 2002 |
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Corporate
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Bonus Announcements Corporate Results - Office Equipments & Supplies Camlin proposes 1:1 bonus; Q1 net rises 28 pc Our Bureau
MUMBAI, July 18 THE board of Camlin Ltd has proposed a bonus issue of one equity shares for every share held (1:1). The company has reported a 28 per cent increase in its net profit at Rs 3.28 crore for the first quarter ending June 30, 2002, against a net profit of Rs 2.57 crore in the year-ago period. The board has recommended a dividend of Rs 2.5 per share for the year ended March 31, 2002. Net sales for the first quarter stood at Rs 61.28 crore, against Rs 56.40 crore in the year-ago period. Other income was Rs 0.15 crore (Rs 0.15 crore). Interest was down at Rs 0.74 crore from Rs 1.06 crore in the year-ago period. Depreciation was Rs 0.84 crore (Rs 0.76 crore). For the quarter, consumer products contributed Rs 47.44 crore towards revenue, Rs 5.64 crore came from pharmaceuticals and Rs 8.2 crore from fine chemicals. In terms of profits, consumer products contributed Rs 5.06 crore, pharmaceuticals Rs 0.59 crore and fine chemicals Rs 2.59 crore.
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