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Paras Healthcare posts Rs 40 crore Q2 net profit

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Paras Healthcare reported a Q2 net profit of Rs 40.35 crore, up from Rs 12.38 crore a year ago, driven by revenue growth to Rs 510.89 crore. The company utilized Rs 375 crore of its IPO proceeds to repay borrowings, strengthening its balance sheet. Shares rose 2.99% to Rs 774.35 on the BSE.

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Read the original at Economic Times

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