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India Cements Q4 net down 60%

India Cements on Monday posted around 60 per cent dip in net profit at Rs 26.28 crore for its fourth quarter ended 31 March on higher expenses towards fuel and freights.

The firm led by N Srinivasan, who is also BCCI President, had clocked Rs 64.92 crore net profit during the corresponding quarter last fiscal.

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