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COMPANY LAW
Raymond resumes dividend
Sat, 23 Apr 2011
MUMBAI: Raymond has registered a consolidated gross profit of Rs. 479 crore for the year ended March 31, 2011 against Rs. 334 crore in the corresponding period in the previous year. Net sales have increased to Rs. 3,036 crore from Rs. 2,508 crore. The company has resumed the payment of equity dividend by announcing Re. 1 per share. It paid a dividend of Rs. 2.50 per share in 2007-08.
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