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Praj Industries has reported results for the year ended March 31, 2011.

The company has posted a net profit of Rs 53.46 crore for FY11, down by 53.06% as compared to Rs 113.88 crore in FY10. Total income has decreased by 7.92% to Rs 555.38 crore for the year under review from Rs 603.13 crore in previous year.

Praj Industries has recommended dividend of Rs 1.26 per share or 63% of face value of Rs 2 each subject to approval of shareholders in ensuing Annual General Meeting.

Peers
Company Name CMP
Bharat Heavy Elect. 394.50
Zetwerk Manufactur 159.40
Thermax 3144.60
Kirloskar Industries 3248.50
Skipper 491.40
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