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.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app