Birla Corporation, a cement manufacturer, has fixed November 8 as the record date for the purpose of interim dividend.
The company earlier this week had informed that the interim dividend will be of Rs 2.50 per share.
The company could not perform good in the quarter ended September. Its net profit dipped to Rs 68.97 crore, down 54.64 per cent against Rs 152.05 crore in the corresponding quarter last year.
The company's net sales too declined to Rs 484.30 crore from Rs 505.74 crore, down 4.24 per cent.
Low demand for cement and poor realisation dented company's quarterly profits.
On the Bombay Stock Exchange, company's shares were trading weak at Rs 395.10, down 1.66 per cent at 12:13 pm.
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