Moser-Baer India Ltd. Reports Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2016
August 11, 2016 at 09:38 am EDT
Moser-Baer India Ltd. reported unaudited standalone earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales/income from operations of INR 1,549.0 million compared to INR 1,638.7 million a year ago. Loss from operations before other income finance cost and exceptional items were INR 209.7 million compared to INR 393.1 million a year ago. Loss from ordinary activities before tax was INR 839.0 million against INR 1,333.6 million a year ago. Net loss was INR 839.0 million or INR 3.78 per basic and diluted share before and after extraordinary items compared to net loss of INR 1,333.6 million or INR 6.01 per basic and diluted share before and after extraordinary items a year ago.