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NALCO pays interim dividend of Rs 546.95 cr to Centre

IANS  |  Bhubaneswar 

The Limited (NALCO) has paid Rs 546.95 crore as interim to government, an said on Monday.

gave a cheque of Rs 546.95 crore as interim to in the presence of

The Navratna PSU has declared an interim of Rs 908.48 crore for the financial year 2017-18, on the paid-up equity share capital of 46 crore, said an statement.

This is the highest dividend so far declared by the company since inception.

Tomar appreciated the dedicated efforts of Chand and his team for the effective functioning of and five-fold increase in profit in the third quarter of the current financial year.

Since inception, has paid a total of Rs 7,273.59 crore as dividend including Rs 5,918.39 crore as share of government.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 12 2018. 17:42 IST