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Wendt (India) recommends 175 p.c. dividend

CHENNAI: Wendt (India) has recommended a higher dividend of 175 per cent for 2006-07 against 150 per cent in 2005-06. The company has achieved a 22 per cent growth in sales to Rs. 50.74 crore from Rs. 41.63 crore. The profit after taxation has grown by 22 per cent to Rs. 8.71 crore from Rs. 7.16 crore.

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