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MTNL net at Rs. 939 cr.

NEW DELHI: State-owned telecom major MTNL posted 18.4 per cent decline in its net profit for the year 2004-05 at Rs. 938.97 crore. The company's net income from services also declined by 12. 2 per cent to Rs. 5,592.38 crore. The directors of the company have recommended a dividend of 45 per cent including an interim dividend of 20 per cent, MTNL said in a statement. — PTI

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