According to the unaudited financial results of ICI India, the company has posted a net loss of 96% at Rs 1.02 crore for the quarter ended March 31, 2005 where as the net profit was Rs 33.12 crore for the same quarter last fiscal. Total income is Rs 188.18 crore for the quarter ended March 31, 2005 where as the same was at Rs 169.84 crore in Q4-04.According to a release issued by the BSE, the board of directors of the ICI India has recommended a 55% dividend payment at Rs 5.50 per equity share to its shareholders for the financial year ended March 31, 2005.
