Graphite India Ltd has reported a 28 per cent dip in standalone net profit at Rs 28 crore for the period ended June 30, 2014.

The company had reported a net profit of Rs 39 crore in the corresponding quarter last fiscal.

The company, during the period, also saw a dip in standalone total operating income to Rs 370 crore from Rs 404 crore during the year-ago period.

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