23 Apr 07 Tanla Solutions limited announces excellent results, stock hits upper circuit
Tanla Solutions limited announced its FY 07 results today.  Tanla Solutions reported a 263% growth in consolidated total income. Total Income of Tanla Solutions for the year ended march 2007 was 229 crores compared to an income of 63 crores in FY06. Tanla Solutions profit grew by 207% for FY 2007. The net profit of Tanla Solutions for the year ended march 2007 stood at 93 crores compare to a net profit of Rs. 30 crores in the financial year ended march 2006.
Tanla Solutions ltd already paid an interim dividend of 100% (Rs.2 per share of face value Rs. 2) in march 2007. The dividend for the previous year was only 25%. Following excellent results, the shares of Tanla Solutions hit the upper circuit after the announcement was made. The shares of Tanla Solutions remained locked at the upper circuit till the closing bell. At the closing bell, Tanla solutions had outstanding buyers for 117349 shares with no sellers.
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