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Sundram Fasteners profit at Rs. 105 crore
Corporate Reporter
CHENNAI: Sundram Fasteners has recorded total sales and other income of Rs. 1,813.10 crore for the year ended March 31, 2011 against Rs.1,336.60 crore.
The net profit after tax has risen to Rs. 105.43 crore from Rs.75.01 crore in the previous year. The company has announced a second interim dividend of 70 paise per share (face value Re. 1). This together with the first interim of 55 paise works out to a total of Rs. 1.25. The directors have not recommended any final dividend. The total dividend last year was 90 paise per share.
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