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The company had a net profit of Rs 574.39 crore in the same period ended March 2008, Indiabulls Financial Services said in a filing to the Bombay Stock Exchange.
The total income of the company stood at Rs 20.03 billion for the period ended March 2009, compared with Rs 16.86 billion in the same period last year.
The board of directors of the company has proposed a dividend of Rs two a piece (face value of Rs 2 per equity share) for the financial year ended March 31, 2009, subject to approval of shareholders, the filing added.
(PTI)
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