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Nagarjuna Fertilisers and Chemicals Ltd reported a three-fold increase in its net profit for the quarter ended March 31, 2012, at Rs 60.28 crore, against Rs 20.28 crore in the year-ago period. During the quarter its total income from operations stood at 1446.16 crore (Rs 1509.62 crore). The board recommended a dividend of Rs 1 a share for 2011-12. The company had de-merged its oil business into Nagarjuna Oil Refinery Ltd.
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