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Merck posts 106.98 m for Q4, approves dividend of 50%

Our Bureau, MumbaiTuesday, January 28, 2003, 08:00 Hrs  [IST]

Merck Limited has posted a net profit of Rs 106.98 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 110.74 million in the quarter ended December 31, 2001. Total Income has increased from Rs 857.47 million in DQ-01 to Rs 861.56 million in DQ-02. The company has posted a net profit of Rs 399.81 million for the year ended December 31, 2002 as compared to Rs 447.13 million in the financial year ended December 31, 2001. Total income has increased from Rs 3469.38 million in FY-2001 to Rs 3559.23 million in the year ended December 31, 2002. The Board has approved a dividend of 50% for the year ended December 31, 2002. The Board has also decided to introduce a scheme of Employee Stock Options Plan.

 
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