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Hyderabad, April 30

The board of directors of Astra Microwave Products Ltd has recommended a dividend of 25 per cent at 50 paise a share of Rs 2 par value for the fiscal year ended March 31, 2009. The net profit of the Hyderabad-based company declined 22 per cent at Rs 15.3 crore in the financial year 2008-09 compared with Rs 20.3 crore in the previous financial year, according to a release. - Our Bureau

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