IMC announces record 240pc dividend

KARACHI: Indus Motors Company (IMC)) has posted a record profit after tax of Rs 4.302 billion during the year ending June 30, 2012 and declared a final cash dividend of Rs 24 per share.

According to the results despatched to Karachi Stock Exchange (KSE) here Thursday, pre-tax profit of the company has surged to Rs 6.312 billion against Rs 4.011 billion in 2011.

Similarly, as earning per share also improved to Rs 54.74 compared to Rs 34.90 last year.

Company's sales jumped to Rs 76.962 billion during the period under review as against Rs 61.702 billion in the same period last year.