IRB Infrastructure Developers, a toll road operating company, has reported a profit after tax of Rs. 175.85 crore for the year ended March 31, 2009, against Rs. 113.93 crore, a growth of 54 per cent. Total income has risen to Rs. 1,021.48 crore from Rs. 784.74 crore. In addition to the interim dividend of Re. 1 per share, the company has proposed a final dividend of 50 paise per share, says a company release.
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
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