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Chennai Petroleum - Poor fare; but bottom closer - Elara Capital Equity Bulls CPCL reported another poor quarter with in-line revenue of INR111bn but forex losses hitting the EBITDA and bottom-line. The Q3FY12 EBITDA came in at INR619mn, significantly below Street estimates of INR1.5-2.0bn, while CPCL reported a net loss of ... See all stories on this topic » |
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