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2011 June 2   09:00

ABG Shipyard to pay 40% dividend for FY11

ABG Shipyard Ltd. said its board recommended a dividend of 40 per cent or Rs.4.00 per equity share of Rs.10 each for the fiscal year 2011, RTTNews reports. The company clocked a net profit of Rs.194 crore on total revenue of Rs.2,142 crore for the fiscal year ended March 31 this year.
ABG Shipyard shares at the BSE are being traded at Rs.378.35, down by 1.18 per cent from the previous close.

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