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Wednesday, June 9, 1999
ITIL net up to Rs 36.53 crore
Tina Edwin
New Delhi, June 8: Information Technologies India Ltd (itil) on Tuesday announced a bonus issue in the ratio of one share for every share held (1:1). The company registered a 235.6 per cent increase in its net profit to Rs 36.53 crore for the year ended May 31, as against Rs 10.88 crore in the previous year, a company statement said. Net sales also shot up during the year by 149 per cent to Rs 122.74 crore (Rs 49.28 crore). The board of itil also recommended a 10 per cent dividend for the year 1998-99. The reserves excluding revaluation reserves increased by 190 per cent to Rs 96.16 crore.Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
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