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Century Enka To Pay 60% Dividend For FY13

Century Enka Ltd. said its board had recommended a dividend of 60 percent or Rs.6.00 per equity share of Rs.10 each for the fiscal year 2013.

For the fiscal year, the company reported a net profit of Rs.21.89 crore, compared with Rs.8.78 crore in 2012, reflecting a 149 percent growth. Total net income, including other operating income, was Rs.1,552.17 crore, lower by six percent than the Rs.1,649.51 crore a year-ago.

At the BSE, Century Enka shares are currently trading at Rs.117.80, up 3.02 percent from the previous close.

by RTTNews Staff Writer

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