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The non-banking finance company, primarily in gold loans, had posted a net profit of Rs 410 crore in the same quarter a year ago.
The burglars looted gold worth Rs 30 lakh and cash amounting to Rs 4 lakh. A poster was pasted on the wall, which said in English: 'I am dangerous; don’t follow me.'
Sahadevan had availed a bank loan amounting to Rs 15 lakh by pledging Asokan’s house and did not repay the money.
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