Ballarpur Industries Ltd. (BILT), a part of the $3 billion Avantha Group, on Friday posted a loss of Rs.33.84 crore for the second quarter ended September 30 as against a profit of Rs.41 lakh in the similar quarter of the last fiscal.
In a regulatory filing with the National Stock Exchange, the company said its total net income during July-September this year fell by 6.2 percent at Rs.1,151.20 crore as against Rs.1,227.22 crore in the year-ago quarter.
According to BILT's website, it holds 85 percent share of the bond paper market and nearly 45 percent share of the hi-bright Maplitho market in India.
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