Usha International declares interim divident of 125%
New Delhi, Nov 7 (UNI) The board of directors of Usha International Ltd, a Siddarth Shriram Group company, today announced an interim dividend of 125 per cent.
The company recorded an increase of 94 per cent in its net profits over the corresponding period last year. It registered a turnover of Rs 312.50 crore in the first half of the year as against Rs 255.5 crore for the same period last year.
The diverse products marketed by the company include fans, sewing machines, home applinaces, engines and pumpsets, electrical motors and pumps, water coolers, air conditioners, generators, inverters and auto components.
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Story first published: Tuesday, November 7, 2006, 18:46 [IST]