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10 p.c. interim from NCL Industries

HYDERABAD: NCL Industries, the Hyderabad-based cement, wood particleboards and prefabricated shelters manufacturer, has reported a 36 per cent rise in net profit for the fiscal ended March 2006. The board, which met here on Wednesday, recommended an interim dividend of 10 per cent for the year, fixing April 20 as the record date. Addressing a press conference here, Managing Director, K. Ravi, said the company achieved a turnover of Rs. 127.08 crore against Rs. 92.24 crore in the previous fiscal and posted a net profit of Rs. 3.41 crore (Rs. 2.52 crore). Earnings per share increased from Rs. 1.55 to Rs. 2.11.

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