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(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 …