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Despite job loss rumours, Parle’s net profit rises 15.2% to Rs 410 crores in FY19: Report

Parle Biscuits' net profit for FY19 stands at Rs 410 crores.

Parle responds to reports of 10,000 potential job losses, says no job loss yet, definite slowdown but issue blown out of proportion

The basic biscuits segment at Parle Products is seeing a decline in sales by 7-8 per cent. However, the company says no job losses yet.

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