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India Ratings & Research (Ind-Ra) has affirmed J Kumar Infraprojects (JKIL) long-term issuer rating at 'A-'. The outlook is positive.
During the quarter, the profit of the company rose 1.72% to Rs 231.7 million from Rs 227.8 million in the same quarter last year.
J Kumar Infraprojects announced on Wednesday that its board of directors has recommended a dividend of 35% or Rs 3.50 a share for financial year 2012-1... More..