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Business Line: Tamil Nadu Industrial Explosives to wipe out losses.

Asia Africa Intelligence Wire

| October 08, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Chemical Business NewsBase: Business Line)

The State-owned Tamil Nadu Industrial Explosives Ltd, which has recorded net profit of Rup 18.8 M on a turnover of Rup 170.6 M for Apr-Aug 2002, expects to clear its accumulated losses of Rup 55.1 M during 2002-2003. The accumulated losses were Rup 475.2 M in …

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