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Mundra Port Q3 net up 40% at Rs 228 cr

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Press Trust of India Mumbai

Mundra Port and Special Economic Zone today posted a 39.94% jump in net profit to Rs 228.46 crore for the quarter ended December 31, 2010.

The company had reported a net profit of Rs 163.25 crore for the October-December quarter last fiscal, Mundra Port said in a filing to the Bombay Stock Exchange.

Total income of the company swelled to Rs 450.76 crore in the December quarter from Rs 337.83 crore in the year-ago period, the filing added.

Mundra Port has declared an interim dividend of Rs 0.50 on equity shares of Rs 2 face value for its shareholders, it said.

Shares of the company jumped by 2.38% to quote at Rs 137.60 apiece in early trade on the BSE today.

 

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First Published: Feb 08 2011 | 11:28 AM IST

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