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MUMBAI: Greaves Cotton reported profit after tax of Rs 62 crore for the year ended June 30, 2005, against Rs 21.7 crore in the corresponding period of the previous year.

According to a company statement, the company's turnover rose 18 per cent to Rs 730 crore (Rs 619 crore).

The company declared a final dividend of Rs 3 per share, raising the total dividend of the year to Rs 7 per share, which includes two interim dividends declared and paid by the company.

Greaves concluded the sale of its Oilfield and Drilling Business towards the end of June this year and the company is now focussed on engines and infrastructure equipment.

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Greaves Cotton net up

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