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Kolkata, June 7

The board of directors of Berger Paints India Ltd has recommended a dividend of 25 per cent on the equity shares of the company for the year ended March 31, 2008. According to a company press release issued here, Berger Paints recorded gross sales of Rs 1,521.68 crore in 2007-08, against Rs 1,322.16 crore in 2006-07. The profit before tax in 2007-08 stood at Rs 118.78 crore compared with Rs 102.23 crore in 2006-07. The profit after tax in 2007-08 was Rs 92.08 crore, up fro m Rs 83.07 crore in 2006-07, the release adds. —

Our Bureau

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