ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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JAYANT VITAMINS-Unchanged Dividend

HBB Into New Areas HINDUSTAN BROWN BOVERI (HBB) has shown an improved performance for 1987-88 with substantial growth in production, sales and profits. Gross profit has expanded from previfcus year's Rs 3.90 crore to Rs 5.48 crore following increase in sales turnover from Rs 90.27 crore to Rs 109.70 crore. Net profit is Rs 3.52 crore (Rs 1.82 crore in the previous year). Dividend has been stepped up from 16 per cent to 23 per cent and is covered 2.97 times by earnings as against 2.45 times previously.

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