IPCL Q1 net profit up 87%

Indian Petrochemicals Corporation Ltd (IPCL), has recorded an 87% increase in its net profit for the quarter ended June 30. Profits rose 86.66% to Rs 336 crore compared to Rs 180 crore a year ago. Total income (net of excise), decreased by 6.81% to Rs 2,870 crore for the quarter ended June 30, as compared to Rs 3,080 crore for the corresponding quarter a year ago.
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