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Dredging Corporation of India earns 79 cr profit
Highlights
The turnover of the company during the same period was Rs 67. 62 crore. The earnings per share of the company for the year is Rs 28.45, said a company release issued here on Wednesday.
Visakhapatnam: The Dredging Corporation of India made a profit of Rs 79. 67 crore after taxes in the last financial year. This margin of profit is the highest in the last eight years.
The turnover of the company during the same period was Rs 67. 62 crore. The earnings per share of the company for the year is Rs 28.45, said a company release issued here on Wednesday.
This was announced by the board of directors of the company in a meetting on May 30. While approving the results, the board recommended dividend of 30 per cent for 2015-16 consecutively for third year for the approval of the shareholders in the next meet in September.
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