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Wheels India declares Rs.6.50 dividend

CHENNAI: The board of directors of Wheels India has recommended a dividend of Rs.6.50 per share for 2010-11. Net sales and income from operations were higher at Rs.1,676.07 crore against Rs.1,241.38 crore in the previous fiscal. The net profit has nearly doubled to Rs.24.64 crore from Rs.12.95 crore.

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