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Abbott India recommends dividend of Rs.35

Our Bureau, MumbaiThursday, February 26, 2004, 08:00 Hrs  [IST]

Abbott India (ABL) has announced equity dividend of Rs.35 per equity share of Rs.10 for the year ended November 2003. The company’s net profit went up by 22 per cent to Rs.67.98 crore from Rs.55.69 crore in the previous year. ABL’s total income improved marginally by 5.7 per cent to Rs.390.56 crore from Rs.369.43 crore. During the last quarter ended November 2003, ABL achieved sales of Rs.100 crore as against Rs.94.46 crore in the corresponding period of last year. Similarly, its net profit for the period touched to Rs.14.86 crore from Rs.14.41 crore.

 
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