Friday, May 8, 2015

Result Update : International Combustion (India) Limited.

Very good result posted today by the company


International Combustion announced standalone result for march 2015 quarter

Sales increased from 19.9 cr in Dec 2014 quarter to 28.4 cr in March 2015 quarter

NP increased from -0.78 cr in Dec 2014 quarter to  3.94 cr in March 2015 quarter, posting EPS of Rs 16.46 for the quarter

In Corresponding Quarter Ended March 2014, the Sales were 28.1 Cr and NP was 2.20 Cr EPS was 9.19

With such a good result, target price should be achieved soon

Board recommends Dividend08 May 2015 16:00
International Combustion India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 08, 2015, has recommended a dividend of Rs. 1.50 per equity share of Rs. 10/- each for the Financial Year 2014-15 subject to approval and declaration by members at the forthcoming AGM of the Company.

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