Home / Knowledge / News / Fashion / Liberty Shoes profit hikes 144% - issues bonus shares in 1:1

Liberty Shoes profit hikes 144% - issues bonus shares in 1:1

19
Jul '05
Leading footwear maker in India, Liberty Shoes announced company's net profit jumped 144 percent in the quarter ended June 30, 2005.

The company also declared to issue one bonus share for each share held.

The company turnover of Rs 52.64 crores for the April-June 2005 period, recorded a jump of 10.54 percent, comparing Rs 47.62 crores in the same period of the last year.

It stated that the issuance of bonus would increase would increase the company's share capital from Rs 5.07 crore to Rs 10.14 crore.


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