Patni declares interim dividend of Rs 63
Patni Computer Systems today said it has proposed a special interim dividend of Rs 63 a share on the face value of Rs 2.
The board of directors of the company at its meeting held today has declared a special interim dividend, Patni said in a filing to the Bombay Stock Exchange.
Last month, the company had reported a growth of nearly eight per cent in net profit at Rs 146.74 crore for the second quarter ended June 30, on foreign exchange gains.
As per the Indian accounting standards, net profit for the same quarter in the previous year was Rs 135.96 crore.
However, the company's total income declined to Rs 815.45 crore for the April-June quarter, from Rs 819.9 crore in the same period last year.