BSES year net at Rs 162.33 cr

BSES' net profit declined 42 per cent to Rs 162.33 crore (Rs 1.62 billion) for the year ended March 31, 2003, compared with Rs 280.74 crore a year ago.

Total income declined marginally to Rs 2,776.70 crore (Rs 27.76 billion) from Rs 2,782.67 crore (Rs 27.82 billion) in the previous fiscal, according to a release issued to the BSE on Monday.

The board has recommended a dividend of Rs 4.40 per share.