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Khandwala declares 1-1 bonus
JANUARY 19: For the nine month period ended December 31, 1999, Khandwala Securities has recorded a PAT of Rs 15.76 crore over a turnover of Rs Rs 20.07 crore. While net profit went up by 760.5 per cent, overall sales of the company moved up by 449 percent. The company has now recommended a bonus in the ratio of 1:1. The present equity capital of the company is Rs 5 crore. This substantial growth in profits and turnover is attributed to all division of the company. This includes corporate advisory services, investment banking activities, portfolio management services and capital market instruments. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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