New Delhi, Aug 9 (PTI) Inox India on Friday posted around 8 per cent dip in consolidated profit after tax at Rs 52.63 crore.

It had reported a profit after tax (PAT) of Rs 57.08 crore for the year-ago period, the company said in an exchange filing.

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Total income fell to Rs 301.77 crore from Rs 316.96 crore.

On a standalone basis also, the company's profit fell 2.38 per cent to Rs 53.21 crore from Rs 54.51 crore a year ago.

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Income came down to Rs 297.40 crore from Rs 302.05 crore.

The company is into manufacturing of standard and customized cryogenic equipment.

Shares of the company closed 3.95 per cent down at Rs 1,206.05 apiece on BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)