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from BUSINESS LINE, October 31, 2009 New Delhi, Oct. 30 - Aided by higher operating margins by way of cost reductions, Havells India Ltd reported a growth of 23 per cent in the net profits for the quarter ended September 2009. Net profits for the quarter under review stood at Rs 54 crore compared with Rs 44 crore in the corresponding quarter last year.
Net sales for the quarter under review stood at Rs 596 crore (Rs 585 crore), up 2 per cent.
Commenting on the performance Mr Anil Gupta, Joint Managing Director, …