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Elecon Engg net up 4%
Anand-based Elecon Engineering Company Ltd. posted a four per cent growth in its profit after tax, after excluding on sale of investments of Rs 20 crore, for the financial year ended March 31, 2012. Up from Rs 67.2 crore in FY 2010-11, the material handling equipment and transmission products manufacturer posted a net profit of Rs 69.6 crore in FY '12. Announcing its unaudited financial results for