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Mumbai, June 24 (PTI) Great Offshore today said its board has recommended a dividend of Rs 2.50 per equity share for FY10. The decision was taken at the company''s board meeting held yesterday, Great Offshore informed the Bombay Stock Exchange. For the fourth quarter ended March 2010, the company reported a flat profit of Rs 71.49 crore against Rs 71.35 crore in the year ago period. Income from operations grew marginally to Rs 273.94 crore over Rs 257.31 crore, during the period, while income rose to Rs 278.52 crore as against Rs 269.65 crore in the year-ago period. The company reported a lower profit of Rs 174.62 crore in 2009-10 as against Rs 211.10 crore the previous fiscal, despite an increases in operational income at Rs 1,007.40 crore over Rs 895.16 crore in FY09, the company informed the BSE. Its total income stood at Rs 1,012.38 crore last fiscal, as against 950.65 crore in the previous fiscal.
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