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MOIL's Q3 net up 13 per cent at Rs 114 crore
06 Feb 2013, 06:56 PM IST
State-owned MOIL today posted 13 per cent rise in net profit at Rs 114 crore for the quarter ended December despite a slight dip in income.
The net profit of the Nagpur-based firm was at Rs 101 crore a year ago.
Sales of the company declined to Rs 228 crore during the quarter from Rs 240 crore during the October-December quarter of the last fiscal year, it said in a filing to Bombay Stock Exchange.
Expenses stood at Rs 122 crore from Rs 137 crore a year ago, it added.
Shares of the company today settled at Rs 252.95 apiece, up 0.18 per cent over the previous closing on the BSE.
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