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Reliance Infrastructure Ltd has reported a 12 per cent drop in net profit for the quarter ended June 30 due to losses in cement and metro rail business. The company clocked ₹400 crore as net profit, which was ₹457 crore in the year-ago quarter. The net sales for the quarter under review dipped by six per cent to ₹3,124 crore (₹3,352 crore).
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