Triveni Engineering net up 439.2% in July-Sept

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New Delhi, Nov 20 (UNI) Triveni Engineering&Industries Ltd today said it has posted a whopping 439.20 per cent growth in net profit at Rs 26.96 crore for the fourth quarter ended September 2008, against Rs five crore during the same period a year ago.

Total income has increased from Rs 304.75 crore for the fourth quarter ended September 2007 to Rs 428.52 crore for the quarter ended September 2008, registering a 40.61 jump.

The company has recommended a dividend of 60 per cent on its equity share capital for the financial year ended September 2008, it said in a statement.

UNI SBA MP HS1155

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