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JB Chemicals and Pharmaceuticals on Thursday reported a 12 per cent decline in its consolidated net profit to Rs 105 crore for the first quarter ended June 30. The drug firm had reported a net profit of Rs 119 crore in the April-June quarter of the previous fiscal.
Its revenue from operations rose to Rs 785 crore for the first quarter compared to Rs 606 crore in the year-ago period, the company said in a regulatory filing.
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