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Thomas Cook India declares 50% dividend
This article was posted on Jul 5, 2008 and is filed under Press Releases
The shareholders of Thomas Cook India Limited at the Annual General Meeting (AGM) held on Friday June 27, 2008 approved dividend of 50% on equity capital of the company.
The Company had declared a Profit after Tax of Rs. 519 million for the year ended December 31, 2007 reflecting a substantial annualized growth of 68% over the period ended December 31, 2006. For the first quarter ended March 31, 2008, the Company’s revenues increased by 17% while Profit before Interest & Tax grew by 18.5%. Net Profit after Tax stood at Rs. 78.9 million, an increase of 7.3% over the last year translating to a non-annualized EPS of Re. 0.45.
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