Widening its losses, Binani Industries has recorded Rs 164.88 crore loss in the financial year 2011-12. The loss stood at Rs 45.43 crore in the previous financial year. The company's income from operations, however, increased to Rs 3,069.37 crore in FY12 from Rs 2,427.23 crore in FY11, a Bombay Stock Exchange filing showed.
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