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Sunday, May 15, 2005

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Agri-Biz & Commodities - Co-operatives


Kribhco pre-tax profit at Rs 186 cr

Our Bureau

NEW DELHI: Krishak Bharti Co-operative Ltd (Kribhco) has said that it has recorded a pre-tax profit of Rs 186 crore for the fiscal 2004-05.

The board meeting approved a 20 per cent dividend for the year, it stated in a release.

"Kribhco also emerged as the first multi-State co-operative society to make electronic online payment,'' it added.

Apart from recording an all-time high urea production of 18.055 lakh tonne (lt) in 2004-05, it has also registered highest seed production of 1.54 lakh quintals during the year.

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Kribhco pre-tax profit at Rs 186 cr


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