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Tata Coffee rises on strong Q4 results-news10052012


Shares of Tata Coffee rose over 2%, touching the weekly high at Rs866, after consolidated net profit jumped 64.4% to Rs28.83 crore on 13.1% growth in net sales to Rs374.65 crore in Q4 March 2012 over Q4 March 2011.


Tata Coffee's consolidated net profit rose 11.9% to Rs81.19 crore on 18.4% growth in net sales to Rs1529.29 crore for the year ended March 31, 2012 over the year ended March 31, 2011.

Tata Coffee's board of directors at a meeting its meeting held on May 08, 2012, recommended a dividend of Rs11 per share for the year ended March 2012.
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