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Tuesday, May 24, 2011

MOIL


MOIL’s net profit for the year ended March 31, 2011 has surged by 26.10% at Rs 588.06 crore as compared to Rs 466.35 crore for the year ended March 31, 2010. Its total income has increased by 16.93% at Rs 1285.46 crore for the year under review from Rs 1099.37 crore for the previous year.




The company's board of directors at the meeting held on May 20, 2011 have recommended final dividend of 45% of share capital i.e. Rs. 4.50 per share of Rs 10 each. This is in addition to interim dividend of 25% of share capital i.e. Rs. 2.50 per share.