Financial Daily from THE HINDU group of publications
Wednesday, Mar 27, 2002
Financial Daily from THE HINDU group of publications Wednesday, Mar 27, 2002 |
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Info-Tech
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Hardware Corporate Results - Hardware Rolta India to pay 30 pc Our Bureau
MUMBAI, March 26 ROLTA India has recommended a dividend of 30 per cent for the financial year ended December 31, 2001. Net profit for the year grew 16.1 per cent over the previous year's, to Rs 105.46 crore from Rs 90.86 crore the previous year. Profit before depreciation and tax grew 24.3 per cent, to Rs 151 crore from Rs 121.49 crore. Total income grew 18 per cent, to Rs 301.46 crore from Rs 254.87 crore. The company said its Internet services division is ``fully geared up to exploit the emerging opportunity of Internet Telephony services, as per the new policy.'' The company which has invested over $6 million in the last year in its overseas subsidiaries including one in Germany Rolta Deutschland GmbH. Rolta is also creating additional 2.5 lakh square feet of space in Mumbai for providing IT solutions and services in ``engineering and e-business environments,'' said a news release.
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