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COIMBATORE: Lakshmi Mills Company Ltd has recorded a 12 per cent growth in its net sales at Rs 41.91 crore (Rs 37.45 crore) during the quarter ended December 31, 2005.

Its net profit has marginally declined to Rs 2.48 crore (Rs 2.62 crore).

The company has shown Rs 2.32 crore being the sale proceeds from asset sales under `other income' for the quarter under review. The company has shown a lower interest and depreciation charges at Rs 1.20 crore (Rs 1.25 crore) and Rs 1.37 crore (Rs 1.69 crore) respectively.

For the nine-month period sales went up to Rs 114.13 crore (Rs 110.65 crore) and net profit rose 57 per cent at Rs 4.97 crore (Rs 3.15 crore).

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