SJVNL declares the highest dividend so far
Central power sector undertaking Sutlej Jal Vidyut Nigam has declared a dividend of Rs 328.20 crore, its highest dividend so far.
By PTI |
SHIMLA: Central power sector undertaking Sutlej Jal Vidyut Nigam has declared a dividend of Rs 328.20 crore, its highest dividend so far.
The dividend for his year, that includes an interim dividend of Rs 80 crore which has already been paid. A dividend of Rs 320 crore was declared in 2008-09.
The Annual General Meeting (AGM) of the company, held on September 15, decided to pay a dividend of 80 paise per share, a spokesman of SJVN said.
The company earned a profit of Rs 972.74 crores (after tax) for 2009-10 and the declared dividend was 33.75 per cent of the overall profit, which was the highest ever.
H K Sharma, CMD of SJVN said that the company planned to foray into solar and wind energy as well as transmission businesses.
The dividend for his year, that includes an interim dividend of Rs 80 crore which has already been paid. A dividend of Rs 320 crore was declared in 2008-09.
The Annual General Meeting (AGM) of the company, held on September 15, decided to pay a dividend of 80 paise per share, a spokesman of SJVN said.
The company earned a profit of Rs 972.74 crores (after tax) for 2009-10 and the declared dividend was 33.75 per cent of the overall profit, which was the highest ever.
H K Sharma, CMD of SJVN said that the company planned to foray into solar and wind energy as well as transmission businesses.
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