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TVS Motor recommends 70 paise interim

CHENNAI: TVS Motor Company has reported a 25.4 per cent increase in its revenue at Rs. 1,089.45 crore for the quarter ended December 31, 2009, against Rs. 868.71 crore in the corresponding quarter in the previous year. The net profit was Rs. 23.53 crore against a loss of Rs. 95.86 lakh. The board has declared an interim dividend of 70 paise per share of Re. 1 each for the year ending March 31, 2010, says a release. — Corporate Reporter

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