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Mastek pays 70 per cent final

CHENNAI: Mastek has announced a final dividend of Rs 3.50 per share (70 per cent on par value of Rs. 5 per share, after 1:1 bonus). Including the interim dividend of Rs. 3 per share (60 per cent on par value of Rs. 5 per share), the total dividend recommended for the year is Rs. 6.50 per share. Total revenue of the Mastek group stood at Rs. 701.10 crore for the year ending June 30, 2006, a rise of 22 per cent over Rs. 576.60 crore in the previous year. The net profit has risen by 29 per cent to Rs. 69.10 crore from Rs. 53.50 crore.

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