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Net profit of Gujarat Pipavav declines

Net profit of Gujarat Pipavav declines

The net profit of Gujarat Pipavav Port declined 38.2 percent to Rs 8.17 crore during July-September 2012 quarter compared to the year-ago period.The fall in the bottomline is attributed to the 6.5 percent decline in net sales to Rs 86.47 crore during the period compared to July-September 2011. Gujarat Pipavav Port is the country's first private sec