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Hyderabad, Aug. 1

Pennar has recorded revenues of Rs 128.92 crore with a profit of Rs 7.61 crore for the first quarter ended June 30, 2007 against revenues of Rs 113.63 crore and profit of Rs 4.56 crore for the corresponding quarter last year. In a statement, the company management said that they were in the process of implementing orders for cement manufacturing companies FL Smidth of Denmark and Hammon Research & Cotrell of Belgium for electrostatic capacitors.

— Our Bureau

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