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IT firm Tata Elxsi has reported a decline of 33.39 per cent in its consolidated net profit at Rs 32.51 crore for the year ended March 31, 2011.
The company had a net profit of Rs 48.81 crore during the same period last fiscal, Tata Elxsi said in a filing to the Bombay Stock Exchange today.
Total income from operations rose to Rs 416.95 crore during the fiscal from Rs 388.17 crore in the same period previous fiscal.
The board has proposed a dividend of Rs 7 per share on the face value of Rs 10 to the shareholders of the company.
Meanwhile, the company shares were trading at Rs 269.55 in the late afternoon trade on the BSE today, down 0.24 per cent from the previous close.
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