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MICO Q4 net profit up
NEW DELHI: Motor Industries Co Ltd. today reported a 17.36 per cent jump in its net profit at Rs. 60.84 crores for the fourth quarter ended December 31, 2004 against Rs. 51.84 crores during same period previous fiscal. Total income increased by 18.11 per cent to Rs. 639.63 crores from Rs. 541.52 crores, MICO informed the Bombay Stock Exchange. The board has recommended a dividend of Rs. 10 per share, subject to shareholders approval at the company's AGM on June 15, 2005. — PTI
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