Monnet Ispat's Sept qtr net loss widens to Rs 395 cr

Monnet Ispat & Energy Ltd today reported widening of standalone net loss at Rs 394.71 crore for the quarter ended September 30, 2015.

The company's net loss in the corresponding period was Rs 78.16 crore, it said in a regulatory filing.

Total income from operations during the quarter declined by 39.2 per cent to Rs 508.13 crore.

The company's total income from operations was Rs 836.24 crore, it added.

The shares of the company closed 3.08 per cent down at Rs 31.45 apiece on BSE today.