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Rane Engine Valves’ losses grew during the third quarter of the current year compared with the corresponding quarter in the previous year following a drop in export sales, according to a press release from the company. For the quarter ended December 31, 2014, the company reported a net loss of ₹3.19 crore (₹28 lakh) on sales of ₹59.89 crore (₹64.65 crore).
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