BEML Declares Annual Results and Second Interim Dividend

The Company has posted a net profit of Rs 935.10 million for the quarter ended March 31, 2007 as compared to Rs 861.20 million for the quarter ended March 31, 2006. Total Income (net of excise) has increased from Rs 8365.80 million for the quarter ended March 31, 2006 to Rs 9584.80 million for the quarter ended March 31, 2007.The result did not do much wonder to the market , The stock price has gone down .Dividend DeclaredPayment of Second Interim Dividend of 80% and record date for the same is set as July 12, 2007.