Tamil Nadu Newsprint & Papers today reported a decline of 71 per cent in its net profit of Rs 7.14 crore for the quarter ended June 30, 2009, over the same period last year.

The company had a net profit of Rs 24.65 crore in the same quarter last year, Tamil Nadu Newsprint said in a filing to the Bombay Stock Exchange (BSE).     

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Shares of Tamil Nadu Newsprint & Papers were trading at Rs 77.25 on the BSE, down 4.63 per cent from previous close.  

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