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Hyderabad, July 29

Bhagayanagar India Ltd, formerly Bhagyanagar Metals Ltd, has recorded gross sales income of Rs 44.65 crore and net profit of Rs 10.15 crore for the first quarter ended June, against sales of Rs 54.93 crore and profit of Rs 7.56 crore in the corresponding previous period. Last fiscal, the company recorded sales of Rs 258.34 crore and profit of Rs 70.17 crore. It had also restructured its operations. –

Our Bureau

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