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Gammon net up at Rs 72.63 cr in Jan-March qtr

Gammon India reported a net profit of Rs 72.63 crore for the quarter ended March 31, 2009 as compared with Rs 21.29 crore in the same quarter last year.

The company’s income from operations also climbed to Rs 1,905.84 crore for the quarter ended March 31, 2009 as compared with Rs 821.61 crore in the same quarter last fiscal.

The Board of Directors of the company at its meeting held on July 9 has recommended a dividend of Rs 0.60 per share on the equity shares for the financial year ended March 31, 2009 to be paid to the shareholders subject to the approval of the Shareholder s.
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