Moser Baer India today posted a loss of Rs 87 crore for the quarter ended June 30, 2010.
The company had a net profit of Rs 2 crore in the same period previous year, Moser Baer India said said in a filing to the Bombay Stock Exchange.
"The past quarter performance has been impacted by summer slackness and one time non-recurring operating factors," Moser Baer India Group Chief Financial Officer Yogesh Mathur said.Total income declined to Rs 468 crore in the April-June period 2010, from Rs 563 crore in the same period last year.
Shares of Moser Baer India were trading at Rs 62.60 on the BSE, up 0.97 per cent from the previous close.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app