After its meeting today, the board of Bharat Seats has approved a 1:1 bonus and a 30% dividend (Rs.3 per share) subject to approval from shareholders.
Net profit of Bharat Seats was down 17.07% to Rs 0.68 crore in the quarter ended March 2007 against Rs 0.82 crore during the quarter ended March 2006.
Net sales grew by 20.81% to Rs 50.04 crore in the quarter ended March 2007 as against Rs 41.42 crore during the quarter ended March 2006.
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