Apparel maker Bombay Dyeing & Manufacturing Co today announced a net loss of Rs 48.34 crore for the first quarter ended June 30, against a net profit of Rs 32.18 crore in the same period previous fiscal.
The total income rose to Rs 335.06 crore in the June quarter, from Rs 133.58 crore in the first quarter of FY08, the Nusli Wadia-led firm said in a filing to the Bombay Stock Exchange.
The figures of the quarter are not comparable with that of the corresponding period previous fiscal as the company commenced the commercial production of polyester staple fibre from October last year, it said.
Shares of the company were trading at Rs 628, up 2.26 per cent in the morning trade on the BSE.