Shree Cement Ltd. said its board recommended an interim dividend of 60 per cent or Rs.6.00 per equity share of Rs.10 each for the fiscal year 2012.
The company has posted third-quarter net profit of Rs.59.19 crore, up from Rs.27.49 crore for the quarter ended December 31, 2010. Total revenue increased to Rs.1,260.41 crore from the Rs.781.47 crore in the corresponding quarter of the preceding year.
At the BSE, Shree Cement closed Monday's trading at Rs.2,226.70, up by 2.35 per cent from the previous close.
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