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Thursday, Dec 16, 2004

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BHEL to pay 35 pc interim

Our Bureau

NEW DELHI: Bharat Heavy Electricals Ltd has declared an all-time high interim dividend of 35 per cent for fiscal 2004-05 as against 30 per cent interim dividend last year.

The full dividend payout last fiscal stood at 60 per cent, according to a company release.

Net income from operations during the first half of current financial year increased 12.69 per cent to Rs 3,189.3 crore along with 103.82 per cent increase in PBT and 101.93 per cent increase in PAT, the release said.

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