Kalyani Forge’s net income declines 35.4% y/y to USD464,240 in Q1 FY2013-14
Sales decreased 24%y/y to USD9.2m
Kalyani Forge reported 35.4% year-on-year (y/y) decline in net income to INR27.7m (USD464,240 on 30 June 2013) in the first quarter (Q1) ended 30 June 2013 compared to INR42.9m (USD763,010 on 30 June 2012) in the same period of the previous year, according to a regulatory filing.
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