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FINWIRES

Ingredion Q1 Adjusted Earnings, Revenue Falls

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-- Ingredion (INGR) reported Q1 adjusted earnings Tuesday of $2.34 per diluted share, down from $2.97 a year earlier.

Analysts polled by FactSet expected $2.48.

Revenue for the quarter ended March 31 was $1.79 billion, down from $1.81 billion a year earlier.

Analysts surveyed by FactSet expected 1.79 billion.

Shares of the company fell more than 1% in Tuesday's premarket activity.

Price: $104.98, Change: $-1.90, Percent Change: -1.78%

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Ajanta Pharma (NSE:AJANTPHARM, BOM:532331) recorded a rise in its consolidated net profit to 2.67 billion Indian rupees in the fiscal fourth quarter ended March 31 from 2.25 billion rupees a year ago.Earnings per share climbed to 21.34 rupees from 18 rupees a year earlier, according to a Tuesday filing by the pharmaceutical company.Revenue from operations in fiscal Q4 also increased to 14.2 billion rupees from 11.7 billion rupees a year earlier, the filing said.

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