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Mundra's FY10 net up 56%, board proposes stock split

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Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 2:54 AM IST

Mundra Port and Special Economic Zone today reported a growth of 56.27 per cent in its consolidated net profit at Rs 675.9 crore for the year ended March 31, 2010, over the same period last year.

Total income rose to Rs 1,527.5 crore for the fiscal year ended March 2010, from Rs 1,239.5 crore in the same period of the previous fiscal, Mundra Port and Special Economic Zone said in a filing to the Bombay Stock Exchange (BSE).

On a standalone basis, the company has posted a net profit of Rs 700.9 crore, up 52 per cent over the same period of the previous fiscal.

The board has proposed a final dividend of Rs 1.50 per share on the face value of Rs 10 each to the shareholders.

The board proposed that shares of the company having face value of Rs 10 a piece be sub-divided into five equity shares with face value of Rs 2 a piece, subject to required approvals.

Mundra Port and Special Economic Zone's shares were trading at Rs 698.95 on the BSE, down 2.16 per cent from the previous close.

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First Published: May 17 2010 | 4:57 PM IST

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