Don’t miss the latest developments in business and finance.

Jubilant Industries' Q1 net loss widens to Rs 16.96 cr

Company reported net loss of Rs 6.89 crore in the April-June quarter of last fiscal

<a href="http://www.shutterstock.com/pic-26356168/stock-photo-stock-market-crash-chart-raster-version.html?src=ToGmiM_JIPKrZ0JrXZWWzQ-2-65" target="_blank">Market Crash</a> image via Shutterstock
Press Trust of India New Delhi
Last Updated : Jul 31 2013 | 5:33 PM IST
Consolidated net loss of Jubilant Industries widened to Rs 16.96 crore in the first quarter ended June 30, 2013.

The company had reported net loss of Rs 6.89 crore in the April-June quarter of last fiscal.

Jubilant Industries' net sales were at Rs 220.10 crore in the quarter under review as against Rs 245.90 crore in the year-ago period, a decline of 10.49%, the company said in a BSE filing.

Overall expenses were at Rs 232.68 crore in the quarter, down 5.89% compared with Rs 247.25 crore in the same quarter last year.

Also Read

First Published: Jul 31 2013 | 5:29 PM IST

Next Story