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Sunday, Oct 31, 2004

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Corporate Results - Silk


Eastern Silk to pay 15 pc interim

Our Bureau

MUMBAI: The board of directors of Eastern Silk Industries has recommended an interim dividend of Rs 1.50 per share of face value or 15 per cent.

It has fixed November 16 as the record date for the payment of dividend, the company informed the NSE in a communication. The company had reported a 67 per cent jump in net profit for the quarter ended September 30 at Rs 8.88 crore over the corresponding quarter in the previous year and 38 per cent rise in sales from Rs 65.65 crore to Rs 90.93 crore.

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