Jubilant Industries' Q1 net loss widens to Rs 16.96 cr
Company reported net loss of Rs 6.89 crore in the April-June quarter of last fiscal
)
<a href="http://www.shutterstock.com/pic-26356168/stock-photo-stock-market-crash-chart-raster-version.html?src=ToGmiM_JIPKrZ0JrXZWWzQ-2-65" target="_blank">Market Crash</a> image via Shutterstock
The company had reported net loss of Rs 6.89 crore in the April-June quarter of last fiscal.
Jubilant Industries' net sales were at Rs 220.10 crore in the quarter under review as against Rs 245.90 crore in the year-ago period, a decline of 10.49%, the company said in a BSE filing.
Overall expenses were at Rs 232.68 crore in the quarter, down 5.89% compared with Rs 247.25 crore in the same quarter last year.
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jul 31 2013 | 5:29 PM IST