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VIP Industries pays Rs. 2.50 per share

MUMBAI : VIP Industries has posted a net profit of Rs. 16.10 crore for the year ended March 31, 2007, against Rs. 4.50 crore in the previous year. Net sales from operations were Rs. 449.75 crore against Rs. 327 crore. The board has recommended a dividend of Rs. 2.50 per share for 2006-07, says a release.

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