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New Delhi, April 21

A combination of higher traffic and higher toll rates helped Noida Toll Bridge Company Ltd register a net profit of Rs 27.97 crore in 2007-08 compared with Rs 11.06 crore in the previous fiscal. The income from operations for the current year was at Rs 66.39 crore, up 41 per cent per cent from Rs 47.11 crore. The growth in income has outpaced the growth in traffic due to an annual revision in toll rates and an increase in other operational income, said a company release. T he company has not declared any dividends since incorporation. The directors intend to recommend the commencement of payment of dividends when the profitability of the company is established.

— Our Bureau

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