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IPCL posts a Rs 1 bn profit

Oct 27, 1999

IPCL has posted a profit of Rs 1 bn during the half year ended 30th September 1999. The company has benefited from the improved realisations for its products.

(Rs m) 1HFY2000 1HFY1999 Change
Net Sales 19,226 14,476 32.8%
Other Income 388 383 1.2%
Expenditure 15,522 12,376 25.4%
Interest 1,597 1,435 11.3%
Depreciation 1,470 1,283 14.5%
Profit before Tax 1,024 (238) NM
Tax - -  
Profit after Tax 1,024 (238) NM
Net profit margin 5.3% NM  

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