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Meghmani posts record first quarter

Indian company Meghmani Organics (Ahmedabad) recorded agrochemical sales revenue of Rs 1070.4 million ($25.4 million) in the first quarter ended June 30th 2008, an increase of 125% over the corresponding quarter of the previous year. Gross profit in the period was up 91.4% to Rs 181.4 million ($4.3 million), as a result of “increased volumes and better price realisation”.

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