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Monnet Ispat Q4 net loss widens to Rs 751 cr

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Press Trust of India New Delhi

Monnet Ispat and Energy Ltd today reported a loss of Rs 751 crore on standalone basis during the quarter ended March 2018.

Its net loss stood at Rs 449.52 crore during January-March 2017, the company said in a BSE filing.

The company's total income, however, increased to Rs 440.97 crore in the reported quarter compared to Rs 389 crore in the year-ago period.

Shares of the company closed at Rs 17.08 on the BSE, down 4.95 per cent from their previous close.

 

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First Published: May 30 2018 | 9:25 PM IST

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