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Mumbai, July 27

Dolphin Offshore Enterprises, which provides services to the offshore oil and gas industry, has reported a 42 per cent increase in net profit at Rs 12 crore (Rs 8.44 crore) for the quarter ended June 30. Total income from operations was up to Rs 161.95 crore (Rs 73.13 crore). “The company has recorded its highest revenue earning in this quarter mainly from the execution of turnkey projects,” said Mr Navpreet Singh, Joint Managing Director. The Dolphin Offshore scrip closed 11.05 per cent higher at Rs 232.20 on the BSE.

— Our Bureau

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