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MMTC pays dividend of Rs. 44.70 Crore for FY 09-10
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merisarkar news service
New Delhi, October 18, 2010 |
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HS Mann, CMD MMTC, with Anand Sharma
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H.S. Mann, Chairman & Managing Director, MMTC Limited, has presented a dividend cheque of Rs.44.70 crore towards 90% dividend for the financial year 2009-10 to Anand Sharma, Union Minister of Commerce and Industry.
MMTC has achieved the highest ever Profit After Tax of Rs.216 crore with turnover of Rs.45,124 crore during financial year 2009-10. The company has declared dividend @ 90% amounting to Rs.45 crore for the year 2009-10.
During the year 2008-09, MMTC had paid dividend of 80%. During the current year 2010-11, MMTC has also given bonus shares in the ratio of 1:1.
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