• search

Donear declares Rs 1.50 dividend, Bonus isssues 1:1

Written by: Staff

Mumbai, May 16 (UNI) The directors of Donear Industries Ltd have recommended a dividend of Rs 1.50 per share on increased capital after issue one for one bonus share for the year ended on March 31, 2006.

According to a news release here today, the Company has earned a profit after tax (PAT) of Rs 24.75 crore for FY 2006, recording a 31.92 per cdent increase over the PAT of Rs 18.76 crore for the previous year.The net sales for the year was up at Rs 141.74 crore as against Rs 124.29 crore for FY 2005.

Donear's expansion plan at Surat will increase production capacity to approximately 17.5 million metres from the present production capacity of 11 million metres which is produced at the state of the art plant located at Silvasa, the release added.


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more