The Board of Bharati Shipyard has recommended the payment of a 30 per cent dividend while the company, which took over Great Offshore last year, has registered a four per cent increase in its net profit to Rs 138.86-crore in FY 10.
The company's net profit had stood at Rs 133.32-crore in FY 09.
Bharati registered net sales of Rs 1,264-crore in FY 10 as against Rs 934-crore clocked in FY 09, the company informed the Bombay Stock Exchange (BSE) today.
Bharati had beaten ABG Shipyard to acquire Great Offshore after a six-month-long battle which ended in December 2009.
The company's net profit had stood at Rs 133.32-crore in FY 09.
Bharati registered net sales of Rs 1,264-crore in FY 10 as against Rs 934-crore clocked in FY 09, the company informed the Bombay Stock Exchange (BSE) today.
Bharati had beaten ABG Shipyard to acquire Great Offshore after a six-month-long battle which ended in December 2009.