Diversified company SRS Ltd today posted a standalone net loss of Rs 20.22 crore in the second quarter of this fiscal due to sluggish sales.
The company had clocked a net profit of Rs 14.24 crore in the same period last year, the company said in a BSE filing.
The company's income during the second quarter of the fiscal declined sharply to Rs 155.77 crore from 1,093.26 crore in the year-ago period.
The company posted losses in its gold and jewellery as well as retail segments during the quarter.
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