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Finolex net profit falls

New Delhi, April 14 (PTI): Finolex Industries today reported a fall in net profit at Rs 80.38 crore in 2002-03 on annualised basis from Rs 59.24 crore in an eight-month financial year of 2001-02.

The company had changed its financial year end from July in 2000-01 to March in 2001-02.

The turnover in 2002-03 is put at Rs 866.21 crore against Rs 521.74 crore in the previous fiscal. The company has announced a 20 per cent dividend for 2002-03.

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