https://www.taxtmi.com/news?id=3858 SPMCIL declared a dividend of twenty percent of post tax profit for 2011-12 and presented the dividend cheque to the government as sole equity holder. The company reported increased sales, higher operating profit and PAT per employee, elimination of a working capital loan making it debt free, creation of substantial reserves, and a multi year modernization plan; it was formed by transfer of nine units into a corporate entity and holds Mini Ratna Category I status with strong MoU ratings. en-us Mon, 08 Oct 2012 18:08:13 +0530 Mon, 08 Oct 2012 18:08:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3858 SPMCIL declared a dividend of twenty percent of post tax profit for 2011-12 and presented the dividend cheque to the government as sole equity holder. The company reported increased sales, higher operating profit and PAT per employee, elimination of a working capital loan making it debt free, creation of substantial reserves, and a multi year modernization plan; it was formed by transfer of nine units into a corporate entity and holds Mini Ratna Category I status with strong MoU ratings. News - Mon, 08 Oct 2012 18:08:13 +0530 https://www.taxtmi.com/news?id=3858