to S. Hajara, chairman and managing director, SCI, this
will include the company''s annual investment of Rs1,293
crore for the current fiscal. Hajara has also handed
over a dividend cheque of Rs67.86 crore to the Union
Shipping Minister, T.R. Baalu.
amount was the final dividend of 30 per cent for 2004-05
against the Government''s shareholding of 80.12 per cent
this, the company has now paid an aggregate dividend
of 70 per cent amounting to Rs158 crore to the Government
for 2004-05; it had already paid an interim dividend
of Rs90.47 crore.
corporation would focus on sectors such as crude products,
LNG transportation, and bulk carriers, with special
emphasis on offshore segment.
increase its presence in offshore oil segments, Hajara
said the company could consider joint ventures with
foreign shipping companies.
recorded net profit of Rs1,420 crore in 2004-05, the
highest since its inception. It owns a fleet of 84 ships,
with 49,34,847 dwt, according to a statement.