BackReliance Energy FY08 net up 41% at Rs1,178 cr
Reliance Energy FY08 net up 41% at Rs1,178 cr
Premium
PTI
Mumbai: Anil Ambani group firm Reliance Energy has declared a consolidated net profit of Rs1,178.21 crore for the year ended March 2008, a 41.19 per cent growth over the corresponding period a year ago.
The group had a net profit of Rs834.48 crore for the financial year 2006-07, Reliance Energy said in a filing to the Bombay Stock Exchange.
The consolidated total income of the group rose to ₹ ,760.01 crore in the year ended March 2008, from ₹ 7,774.53 crore in the previous fiscal.
On a standalone basis, the net profit stands at ₹ ,084.63 crore for the fiscal ended March 2008, a 35.33 per cent growth compared to last year. The total income of the firm rose to ₹ ,501.2 crore for the year ended March 2008 from ₹ 6,575.25 crore year-ago.
The board of directors has declared a dividend of Rs6.3, on every share of face value of Rs10 held, for the year 2007-08, the filing said.
Further, the register of members and share transfer books of the company would remain closed from 8 July to 15 July for the purpose of payment of dividend and the annual general meeting, it added.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
