Cimmco Birla Suffers Rs 30-Lakh H2 Net Loss

Cimmco Birla has registered sales of Rs 205.87 crore in the second half of 1997-98 against Rs 209.56 crore in the corresponding period of the previous fiscal. Other income increased to Rs 1.79 crore from Rs 83 lakh during the period. However, the company incurred a net loss of Rs 30 lakh from a net profit of Rs 3.27 crore.