Financial Daily from THE HINDU group of publications Saturday, May 08, 2004 |
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Corporate Results
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Steel Man Industries net increases Our Bureau
MUMBAI: MAN Industries (India) Ltd, saw pipe manufacturer, has ended the year with a 213 per cent increase in net profit at Rs 39.12 crore. Net sales for the year ended March 2004 were Rs 502 crore. Interest burden during the year came down significantly as the company repaid some of its high cost debts. The company's board has recommended a dividend of 20 per cent.
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