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Expect PAT to double in FY13: Sumeet Industries

In an interview with CNBC-TV18, Shankar Lal Somani, chairman of Sumeet Industries says, next year the company’s yarn making capacity will go up from 50,000 tonne per annum to 95,000 tonne per annum. As a result of capacity expansion, he says, the profits will double.

first published: Nov 17, 2011 03:47 pm

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