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The Techno Electric and Engineering Company Ltd reported a 25 per cent dip in consolidated net profit to nearly Rs 15 crore for the quarter ending March 31, 2012. Net profit for the corresponding quarter last fiscal stood at nearly Rs 20 crore. Total consolidated income during the quarter increased to Rs 218 crore compared with Rs 196 crore (or nearly 11 per cent) during the same quarter last fiscal. Standalone net profit for Techno Electric for the fourth quarter of 2011-12 was nearly Rs 18 crore. Standalone income was Rs 212 crore. During the year, Techno Electric has commissioned a viability gap funded power transmission project on a public-private-partnership basis with the Haryana government.
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