Walchandnagar Industries reports net loss of Rs 19.38 crore in the September 2013 quarter

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Sales decline 20.16% to Rs 244.53 crore
Net loss of Walchandnagar Industries reported to Rs 19.38 crore in the quarter ended September 2013 as against net profit of Rs 24.03 crore during the previous quarter ended September 2012. Sales declined 20.16% to Rs 244.53 crore in the quarter ended September 2013 as against Rs 306.28 crore during the previous quarter ended September 2012.For the full year,net loss reported to Rs 38.28 crore in the year ended September 2013 as against net profit of Rs 12.13 crore during the previous year ended September 2012. Sales declined 18.23% to Rs 717.55 crore in the year ended September 2013 as against Rs 877.48 crore during the previous year ended September 2012.
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First Published: Nov 28 2013 | 8:18 AM IST