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  • Q1 usually weak, insurance biz to pick up in H2FY13: IIFL Aug 10, 2012 03:09 PM IST

    Q1 usually weak, insurance biz to pick up in H2FY13: IIFL

    Nirmal Jain, Chairman of IIFL said its brokerage income came down by 15% in the first quarter while its distribution income fell 48%. Seasonally, Q1 is weak and therefore, the company could not post good numbers, he added.

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