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ITI reduces net loss

BANGALORE : ITI has reported bringing down its net loss for 2006-07 to Rs. 412.37 crore from Rs. 428.76 crore in the previous fiscal. Provisional sales for 2006-07 reached Rs. 1,842 crore, an increase of Rs. 93 crore over the last fiscal, and the value of production went up by Rs. 202 crore to touch Rs. 1,809 crore.

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