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Astec LifeSciences sinks 11% as Q4 earnings take a knock

The company’s sales tanked 53 percent YoY to Rs 127 crore in Q4 of FY23. It reported a loss of Rs 5 crore as compared to net profit of Rs 43 crore posted a year ago. Operating margin shrunk to 4.3 percent from 24 percent. ....

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