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40 p.c. dividend from Raymond

MUMBAI: Raymond reported a significantly lower net profit of Rs. 83 crores during 2004-05 against Rs. 132 crores in the previous year while revenue was up 6 per cent at Rs 1,156 crore (Rs 1,091 crore). The board has declared a dividend of 40 per cent. Other income was also lower at Rs. 68.80 crores (Rs. 103 crores). .

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