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Uttam Galva Steels June qtr net loss widens to Rs 366 cr

Press Trust of India  |  New Delhi 

Steels Ltd's net loss widened to Rs 366.19 crore in the quarter ended June 30.

The company had reported a net loss of Rs 192.53 crore during the April-June period of the preceding fiscal, it said in a regulatory filing.

The firm's total income in the June quarter fell to Rs 93.16 crore, from Rs 949.80 crore in the year-ago quarter.

Total expenses of the company during the period under review stood at Rs 459.35 crore as against Rs 1,142.33 crore in the same period last fiscal.

Steels Ltd is one of the largest manufacturers of cold rolled (CR) and in

Shares of the company today ended 1.50 per cent up at Rs 8.12 apiece on BSE.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 09 2018. 21:20 IST