VMC half-yearly profit up, decalres 40% interim dividend

BANGALORE: VMC Software Ltd. has increased its total turnover by

259 per cent to Rs 2.04 crore during the half-yearly ending on September 30, 1999 as compared to the previous years Rs 56.93 lakh. The net profit also jumped by 195 per cent to Rs 1.41 core against a net profit of Rs 47.90 lakh during the previous half-year. The company has recommended an interim dividend of 40 per cent for 1999-2000 against 50 per cent during the last year.