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Feb 14 (Reuters) - Silverlake Axis Ltd
* Q2 net profit 246.3 million rgt versus 66.6 million rgt
* "Project related revenue segments are affected due to reduced capital expenditure by customers"
* Proposed second interim dividend of singapore cent 0.7 per share,payable on 7 march 2017
* For core IT systems replacement contracts secured in last few months, initial revenue recognition are expected from h2 of FY2017 Source text for Eikon: Further company coverage: