The local arm of UK confectionery giant Cadbury has reported an 8.87% increase in net profit for its Q1 ended 31 March, to Rs 13.49 crore (US$2.76m) compared to Rs 12.39 crore year on year.
 
Cadbury India also posted Q1 net sales of Rs 159.68 crore, up slightly from the Rs 149.91 crore posted in the Q4 of 2001.

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MD Bharat Puri said in a release that exceptional items for the current quarter include Rs 63 lakh towards Voluntary Retirement Scheme and Rs 22 lakh toward refurbishment of the registered office.

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