Mysore Minerals makes a record turnover of Rs 197.11 Cr in 05-06

Bangalore, June 19 (UNI) State owned Mysore Minerals Limited has made a record turnover of Rs 197.11 crore for the year 2005-06 and has earned a profit after tax of Rs 66.39 crore.

The company has declared 50 per cent dividend and the Cheque for Rs 1.48 crore was handed over to the Karnataka Chief Minister H D Kumaraswamy today as the dividend for the State government's investment.

The company had paid dividend of 30 per cent of Rs 0.89 crore for 2004-05, according to a release here.

Company Chairman and Managing Director Mahendra Jain also presented a cheque for Rs One crore, being the Company's contribution towards the Chief Minister's Relief Fund for 2007-08, UNI