Hinduja TMT Q4 net at Rs 6.56 cr, dvd at 75 pc

Mumbai, June 30: Hinduja TMT Ltd has posted a net profit of Rs 6.56 crore for the quarter ended March 31, 2006, as compared to Rs 7.35 crore for the quarter ended March 31, 2005.

Announcing the results, the company said its total income has increased from Rs 31.17 crore in Q4 FY 04-05 to Rs 82.38 crore for Q4 FY 05-06.

It has posted a net profit of Rs 40.27 crore for the year ended March 31 (FY 05-06) as compared to Rs 70.05 crore for the year ended March 31 (FY 04-05). Total Income has increased from Rs 167.26 crore in FY 04-05 to Rs 251.66 crore for FY 05-06.

The Board has recommended a dividend of Rs 7.50 per share (75 per cent) for the financial year 2005-2006.

UNI