• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi , Oct. 5

Registering 141 per cent growth over the previous year, RITES has recorded a net profit of Rs 99 crore for the financial year ended March 31, 2006.

It has announced a dividend of 300 per cent, amounting to Rs 12 crore. The total dividend payout (including interim dividend) at Rs 20 crore for the fiscal is the highest ever so far, said a company release. The dividend amounts to 500 per cent of the paid-up share capital.

It registered a turnover of Rs 426 crore in 2005-06 fiscal, up 78 per cent from Rs 240 crore registered in 2004-05. The PBT stood at Rs 133 crore registering a 95 per cent growth against the previous year.

More Stories on : Financial Performance | Railways

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
UK sector not viable, feels Indian

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line