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Computer Age Management Services' Consolidated Profit Climbs in Fiscal Q4; Shares Jump 9%

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-- Computer Age Management Services' (NSE:CAMS, BOM:543232) consolidated profit attributable to owners rose to 1.26 billion Indian rupees in the fiscal fourth quarter from 1.14 billion rupees a year ago, according to an Indian bourse filing on Monday by the mutual fund transfer agency.

Shares of the company jumped 9% in Tuesday's trade.

Earnings per share for the quarter ended March 31 climbed to 5.08 rupees from 4.59 rupees a year earlier.

Revenue from operations jumped year on year to 3.95 billion rupees from 3.56 billion rupees, the filing said.

The company's board recommended a dividend of 4 rupees per share for the fiscal year ended March 31, which will be paid on or before Aug. 5 to shareholders on record as of July 10.

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