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Offshore drilling services provider Jindal Drilling and Industries on Monday reported a 48.5 per cent rise in net profit to Rs 23.72 crore for the third quarter of FY’11.
The company recorded a net profit of Rs 15.97 crore in the October-December quarter last fiscal, it said in a statement to the Bombay Stock Exchange.
Net sales of the company, however, dipped to Rs 265 crore from Rs 278.97 crore in the third quarter of the previous fiscal.
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