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Financial charges, forex losses impacted Q4: Advanta India

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  • Published On: February 28, 2012
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VR Kaundinya, MD & CEO of Advanta India spoke to NDTV Profit about the company's December quarter earnings. He said that financial charges and forex losses impacted performance in Q4 although gross margins have been maintained at around 43 per cent. "Net debt has come down by Rs 23 crore," he added.
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