24 Apr 07 Maruti Udyog Limited (MUL) Q4 2007 and FY 2007 results and Dividend

Maruti Udyog Limited (MUL)has posted a net profit of Rs. 448.56 crore for Q4 2007 quarter ended March 2007 compared to Rs. 360.92 crores for the Q4 2006 quarter ended March 2006. Total income of Maruti Udyog Limited (MUL) has increased to Rs. 4634.74 croresÃ‚Â for Q4 2007 quarter ended March 2007 compared to Rs 3392.27 croreÃ‚Â for the Q4 2006 quarter ended March 2006.

For the financial year FY2007 ended March 2007, Maruti Udyog Limited (MUL) hasÃ‚Â posted a net profit of Rs. 1561.98 crores compared to Rs 1189.05 crore for the financial year FY2006 ended March 2006. For the financial year FY2007 ended March 2007 total income of Maruti Udyog Limited (MUL)rose to Rs. 15252.30 crores compared to Rs. 12481.43 crores for the financial year FY2006 ended March 2006.

Maruti Udyog Limited (MUL) dividend
Maruti Udyog Limited (MUL) has informed the Indian stock exchanges that, the Board of directors of Maruti Udyog, at their meeting held on April 24, 2007 have recommended a dividend of 90%, which works out to Rs.4.50 per equity share of face value Rs.5 each. The dividend is subject to statutory approval by the shareholders of Maruti Udyog at the ensuing AGM.

The shares of Maruti Udyog Limited (MUL) advanced by 4.35% to Rs. 800 following the announcement of excellent results and dividend.

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