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Havells India bonus and dividend

MUMBAI: Havells India has recommended an issue of bonus shares in the ratio of one share for every equity share. The company also announced a dividend of Rs. 2.50 per equity share of Rs. 5 each. For the 12 months ended March 31, 2006, the company has achieved a net profit of Rs. 63.21 crore on a gross turnover of Rs. 1,115 crore against a net profit of Rs. 30.52 crore on gross sales of Rs. 665 crore in 2004-05.

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