Indo Rama Synthetics's (India) report shows a decrease in net profits by 74.07 percent for the quarter ending in September, 2006.
Sales also registered a decline of 13.95 percent to Rs3930.30 million compared to same period of previous year.
Indo Rama Synthetics(India) is also planning to expand its production capacity from current 3,00,000 tons to 6,00,000 tons per annum.
Company's expansion will be on existing site at Butibori, Nagpur in Maharashtra.
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Indo Rama Synthetics (India) Limited