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Triveni Engineering : South based sugar producer and engineering unit Triveni has announced its first quarter results. It saw a small decline in its standalone net profit for the first quarter ended December 2008.
During the quarter, the profit of the company declined 6.62% to Rs. 23.98 crore or Rs 239.80 million from Rs 256.80 million in the same quarter, previous year.
Net sales for the quarter rose 5.47% to Rs 365.7 crore or Rs 3,657.10 million, while total income for the quarter rose marginally 4.74% to Rs 3,661.30 million, when compared with the prior year period.
The company posted earnings of Rs 0.93 a share during the quarter, registering 7% decline over prior year period.
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