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 TI declares Rs. 1.50 final dividend
Tube Investments of India
CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED
(Formerly, TI Financial Holdings Limited)
TI declares Rs. 1.50 final dividend
 
Chennai: Tube Investments of India (TII) declared a final dividend of Rs. 1.50 per share of Rs. 2 paid-up for the year ended March 2011. For the fourth quarter ended March 2011, the company's net profit rose 65% to Rs. 46.45 crore from Rs. 28.09 crore. Its revenues increased 23% to Rs. 782.55 crore from Rs. 635.10 crore in the correnponding quarter last year.