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Tata Coffee to pay Rs 5/share interim dividend

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Press Trust of India New Delhi

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.

 

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First Published: Dec 28 2010 | 7:02 PM IST

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