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This Article is From Feb 10, 2012

Neyveli Lignite Q3 net profit up by 92%

State-run Neyveli Lignite Corporation reported a whopping 92 per cent rise in net profit at Rs 184.9 crore for Q3

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Neyveli Lignite Q3 net profit up by 92%
Irate passengers at a closed Kingfisher Airlines counter, Mumbai airport - Source: AP
In Europe, the benchmark index in Athens was down 3.3 percent by late afternoon local time. The FTSE 100 index of leading British shares was down 0.8 percent at 5,846 while Germany's DAX slid 1.7 percent to 6,675. The CAC-40 in France was 1.4 percent lowe
Bangalore:

State-run Neyveli Lignite Corporation (NLC) today reported a whopping 92 per cent rise in net profit at Rs 184.9 crore for the quarter ended December 31, 2011.

 

The company had posted a net profit of Rs 96 crore for the same period in last financial year, NLC said in a filing to the Bombay Stock Exchange.

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

 

The total income of the public sector firm also went up to Rs 1,181 crore for third quarter against Rs 1,000 crore for the same period of the last financial year, the statement added. 

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