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JK Paper announces 20 p.c. dividend

NEW DELHI: JK Paper Ltd. on Tuesday announced a dividend of 20 per cent for the fiscal ended June, 2005 against 15 per cent previously. The company had reported a profit after tax of Rs. 38.53 crore, while the gross sales and other income stood at Rs. 730.40 crore for the fiscal 2004-05. The company also recorded 22 per cent increase in volumes over the previous three quarters in the branded segment.

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