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Infomedia India declares 80 p.c.
CHENNAI:
Infomedia India (formerly Tata Infomedia) has announced a dividend of 80 per cent. This will be payable on the equity capital doubled by the issue of bonus shares in August last. The dividend was 120 per cent in the previous year. Revenues from continuing business registered a marginal growth while the overall income was Rs. 131.05 crore for 2004-05. The net profit after tax, including a one-time profit accruing from the sale of property, climbed to Rs. 57.17 crore from Rs. 24.19 crore in the previous year, a company release says.
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