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Construction Industry News
Size does matter, investors bet on financially strong firms
Monday 1st Aug 2011 140
New Delhi : With close to 1,000 companies announcing their financial performance for the quarter ended June 2011, it is clear that size matters. High interest cost and commodity prices took a toll on the profitability of most Indian companies during the quarter.
Companies with a stronger balance-sheet and large cash in hand have seen a boost in other income. This has enhanced the net profit of large players.
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