JB Chemicals announces Q2 net profit of Rs.27.57 Crores, declares 55% dividend

JB Chemicals & Pharmaceuticals Ltd has announced the following Unaudited results for the quarter ended September 30, 2006:

The Company has posted a profit after tax of Rs 275.775 million for the quarter ended September 30, 2006 as compared to Rs 245.397 million for the quarter ended September 30, 2005. Total Income (net of excise) has increased from Rs 1312.015 million for the quarter ended September 30, 2005 to Rs 1526.552 million for the quarter ended September 30, 2006.

Further the Company has informed that, the Board of Directors has also recommended an Interim Dividend Rs 1.10 (55%) per Equity Shares, on 8,42,99,425 equity shares of Rs 2/- each, for the financial year 2006-07.

Further the Company has also informed that, November 14, 2006, has been fixed as the Record Date for the purpose of payment of Interim Dividend.

Source : Equity Bulls

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