PFC pays Rs 248 cr dividend to govt for 2006-07
State-run Power Finance Corporation on Thursday said it has paid a dividend of Rs 248.05 crore to the government for fiscal 2006-07.
By PTI |
NEW DELHI: State-run Power Finance Corporation on Thursday said it has paid a dividend of Rs 248.05 crore to the government for fiscal 2006-07.
Of the Rs 248.05 crore, an interim dividend of Rs 145 crore was paid to the government earlier, a company statement said.
A final dividend cheque for Rs 103.05 crore was presented to Power Minister Sushilkumar Shinde by PFC Chairman and Managing Director VK Garg yesterday, it added.
The company has also paid a dividend of Rs 11.73 crore to private shareholders. The total dividend pay-out constitutes 22.63 per cent of the paid-up equity share capital of Rs 1,147.77 crore and 26.34 per cent of the profit after tax, PFC said.
Of the Rs 248.05 crore, an interim dividend of Rs 145 crore was paid to the government earlier, a company statement said.
A final dividend cheque for Rs 103.05 crore was presented to Power Minister Sushilkumar Shinde by PFC Chairman and Managing Director VK Garg yesterday, it added.
The company has also paid a dividend of Rs 11.73 crore to private shareholders. The total dividend pay-out constitutes 22.63 per cent of the paid-up equity share capital of Rs 1,147.77 crore and 26.34 per cent of the profit after tax, PFC said.
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