MRO-TEK Ltd, a Bangalore-based network solutions provider, has posted a net loss of Rs 77.35 lakh for the three months to December 2004, after allowing for a Rs 6.4 crore customs duty on items it imported between April 1998 and April 2000, a company release said. | |
| Revenues for the quarter were Rs 27.59 crore, up 5.4 per cent year-on-year, a company release said. |
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| The Rs 6.4 crore expense includes "Rs 3.3 crore towards duty, and an estimated Rs 3.1crore towards interest and penalty," a company release said. This was "in addition to Rs 1.5 crore provided during the previous financial quarter," the release said. |
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| Revenues for the nine months to December 2004 were Rs 88.75, up 16 per cent year-on-year, the release said. |
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| "Our revenue came from across-the-board strength of our business to provide last mile access to telecom service provider and enterprises." S Narayanan, CMD of the company, said. |
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