Tata Group firm Tata Coffee today said its board of directors has declared an interim dividend of Rs 5 per share on the face value of Rs 10 each for the current financial year.
"The board of directors of the company has declared an interim dividend of Rs 5 per year share on the paid up capital of the company for the current financial year," Tata Coffee said in a filing to the Bombay Stock Exchange (BSE).
The company said the decision came at a meeting held today.
In the quarter ended September 30, 2010, the company posted a revenue of Rs 106.88 crore and had a net profit of Rs 10.93 crore during the period.
Shares of Tata Coffee closed at Rs 502.60, up by 1.23 per cent from the previous close on the BSE.