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Corporate Profits Up Record 58% In & #8217;02-03

Our Research Bureau BUSINESS STANDARD

* Double digit sales growth, interest costs down 14%

The signs of an economic revival have been flying all over the place for some time now.

Further evidence now comes from the hefty net profit growth rate that Corporate India notched up last financial year.

The Indian corporate sector clocked a growth rate of 57.84 per cent in its net profits in 2002-2003

 

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First Published: Jun 26 2003 | 12:00 AM IST

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