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Tuesday, Jun 18, 2002

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Corporate Results - Bearings, Castings & Forgings


Electrosteel to pay Rs 10

Our Bureau

MUMBAI, June 17

ELECTROSTEEL Castings Ltd has posted a net profit of Rs 33.69 crore for the quarter ended March 31, 2002 as compared to Rs 15.25 crore for the quarter ended March 31, 2001.

Total income has increased from Rs 155.29 crore to Rs 183.68 crore. The company has posted a net profit of Rs 84.61 crore for the year ended March 31, 2002 (Rs 63.17 crore). Total income has increased from Rs 500.99 crore to Rs 540.15 crore. The board has recommended a dividend of Rs 10 per share (100 per cent).

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