Mumbai, June 22: Tata Donnelley has reported a 14 per cent higher net profit at Rs 10.45 crore for the financial year 1998-99 on a turnover of Rs 79.80 crore as against Rs 71.30 crore in the previous year.The company declared a dividend of 50 per cent compared to 45 per cent in the previous year, a company statement said here on Tuesday.
During the year under review, the gross profit of the company increased from 19.89 crore to Rs 21.58 crore, while the total income rose by 11 per cent from Rs 76.85 crore to Rs 86.11 crore.
The company's profit before tax rose to Rs 15.45 crore which is an increase of 17 per cent over Rs 13.19 crore last year after providing Rs 3 lakh for voluntary retirement scheme as compared to Rs 55 lakh last year.
Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
Printer-friendly page
