Diversified engineering company Greaves Cotton closed FY23 with a net profit of Rs 115.10 crore and has declared a dividend of Re 0.90 per share.
In a regulatory filing, the company said it had closed FY23 with a net profit of Rs 115.10 crore (compared to previous year's Rs 27.08 crore) on a total income of Rs 1,592.29 crore (against last year's Rs 1,209.18 crore).
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According to Greaves Cotton, it hopes to conclude definitive agreements with Runal Developers LLP for the sale of its land and building at Pune for Rs 284 crore.
