Mysore Minerals makes record turnover of Rs 197.11 Cr

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 earned a profit after tax of Rs 66.39 crore.

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

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

Company Chairman and Managing Director Mahendra Jain also presented a cheque for Rs one crore towards the Chief Minister's Relief Fund for 2007-08, UNI SIV MSP GD JS1924