Lupin board recommends 1:1 bonus

 Lupin Laboratories today reported a 88% increase in consolidated net profit at Rs 172.99 crore for the year ended March 31, 2006 when compared with Rs 91.84 crore in FY05.

 According to a release issued by the company to the BSE today, total income increased to Rs 1,769.50 crore from Rs 1,284.55 crore in FY05.

 The board has recommended a dividend of 65% i.e Rs 6.50 per share, the release added.