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Wockhardt recommends 100 p.c.

CHENNAI: Wockhardt has reported a 20 per cent increase in net profit at Rs. 257 crore for the year ended December 31, 2005. According to a release, consolidated annual sales have risen by 13 per cent to Rs. 1,412 crore. The operating profit has increased by 17 per cent to Rs. 329 crore. The board has recommended an annual dividend of 100 per cent. The U.S. formulation business posted a 50 per cent growth in 2005.

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