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Our Bureau

Hyderabad , Aug. 24

The board of directors of Priyadarshini Spinning Mills Ltd has recommended a dividend of 10 per cent for the year ended March 31, 2006. The company has registered a turnover of 39.38 crore in the first quarter ended June 30, 2006, as against Rs 30.54 crore. The net profit for the quarter was higher at Rs 1.10 crore (Rs 88 lakh).

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