Escorts Investment Bank Limited (EIBL) has posted a pre-tax profit of Rs 83 million during 2003-04 against Rs 73 million during the preceding year. Talking to APP, President and Chief Executive Officer EIBL, Rashid Mansur said that the bank's deposits had swelled to Rs 1.130 billion this year as compared to Rs 693 million last year.
He said that Earning Per Share (EPS) rose to Rs 3.05 from the previous level of Rs 2.69, and added that EIBL had approved 15 percent dividend (Rs 1.5 per share) for the fiscal year 2003-04.