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MUMBAI: Battery maker Exide Industries on Friday posted an 83.96 per cent jump in net profit at Rs 70.11 crore for the first quarter ended June 2007 against Rs 38.11 crore in the same period last year.

Total income of the company increased 51.26 per cent to Rs 664.54 crore for the June quarter from Rs 439.33 crore in the corresponding year-ago period, Exide Industries informed the Bombay Stock Exchange (BSE). The company manufactures a wide range of s torage batteries in the world from 2.5Ah to 20,600Ah capacity. Shares of the company were trading at Rs 49.90, up 5.94 per cent, on the BSE in the afternoon trade. - PTI

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