Nagarjuna Agrichem, an arm of Nagarjuna Group, net profit halved to Rs 90 lakh crore in the second quarter ended on September 30, due to lower income.
The company had clocked net profit of Rs 1.80 crore in the July-September quarter of 2012-13 fiscal.
Total income decreased in the second quarter to Rs 213.22 crore of the current fiscal from Rs 246.28 crore in the last fiscal, the company said in a filing to BSE.
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