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Net profit hurt by rise in depreciation: Globus Spirits on Q4 earnings

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  • Published On: May 21, 2013
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Bhaskar Roy, ED and CFO of Globus Spirits, says that the company's fourth quarter net was hit by a rise in depreciation and higher grain prices. He adds that the effect on PAT, however, is limited to this quarter and an overall improvement in numbers can be expected next quarter onwards.
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