MUMBAI, June 13: Tata Infotech has recommended a bonus issue in the ratio of one share for every one existing share held. Besides, the company has recommended a dividend of 60 % for the year ended March 1997.The company continued to maintain its position as one of the country's largest software exporters during the year. The total turnover has increased by 21 % to Rs 212.81 crore from Rs 175.71 crore last year. After providing Rs 6.05 crore (Rs 7.29 crore), the net profit has increased by 8 % to Rs 21.60 crore from Rs 20.07 crore.The company has put into action a number of plans and activities to achieve higher growth.
