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Mumbai, Jan. 29

West Coast Paper Mills Ltd has posted a 36 per cent jump in net profit to Rs 22 crore (Rs 16.26 crore) during the quarter ended December 31, 2007. The income from operations for the quarter stood at Rs 144.39 crore (Rs 134.84 crore). For the nine months ended December 31, 2007, total income was Rs 431.73 crore (Rs 403.77 crore). Net profit was up 34.49 per cent at Rs 63.68 crore (Rs 47.35 crore). “The results for the nine months period ended has improved on account o f revision of sale prices, lower power and fuel costs on commissioning of FBC III Boiler,” the company said in a press release.

— Our Bureau

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