BOC India, planning further expansion in the country, has posted declining net profit for the quarter ending June 2007.
Net profit declined to Rs 3.13 crore for the quarter against Rs 28.50 in the same quarter the previous year, while sales declined 10.7 percent to Rs 97.78 crore for the quarter against Rs 19.09 crore the previous year.
While sales and profits have declined in comparison to the same quarter last year, those figures of the previous year included an extraordinary income on account of sale of property.
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