The company had posted a net profit of Rs 270.99 crore in the year-ago period, it said in a BSE filing.
Total income of the aluminium producer fell by 16 per cent to Rs 1,491.27 crore in April-June quarter of this fiscal against Rs 1,680.04 crore in the same quarter of 2014-15.
Total expenses of the company fell to Rs 1,366.55 crore from Rs 1,499.06 crore in the reported quarter.
Net sales the Bhubaneswar-based firm from aluminium fell to 1,042.26 crore in the June quarter of 2015-16 from Rs 1,042.62 crore in the same quarter in 2014-15.
The navaratna public sector undertaking's shares today fell by 3.81 per cent to settle at Rs 36.65 apiece on the BSE.
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 →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
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
SAVE 25%