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Indo Gulf Q3 net marginally up at Rs 465 million

Indo Gulf Corporation Limited, an Aditya Birla group company, has posted a net profit of Rs 465 million for the third quarter ended December 31, 1998 as against Rs 449.3 million in the corresponding period last year.

The net sales / income from operations was Rs 3.79 billion, up from Rs 1.75 billion in the previous financial year.

The company provided Rs 165.2 million as depreciation, incurred Rs 154.9 million on interest payments and made a provision of Rs 54.5 million towards tax.

UNI

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