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Bombay Dyeing Q3 loss widens to Rs 78.15 crore

The company had posted a standalone net loss of Rs 65.93 cr for the same period of last financial year

Bombay Dyeing Q3 loss widens to Rs 78.15 crore
Press Trust of India New Delhi
Last Updated : Feb 08 2016 | 6:10 PM IST
Bombay Dyeing and Manufacturing on Monday reported widening of its standalone net loss at Rs 78.15 crore for the third quarter ended December 31.

The company had posted a standalone net loss of Rs 65.93 crore for the same period of last financial year, Bombay Dyeing said in a BSE filing.

Its net sales on standalone basis declined by 35.12 per cent to Rs 325.77 crore during the period as against Rs 502.18 crore in the corresponding quarter last financial year.

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The firm's revenue from textiles segment stood at Rs 48.69 crore during the quarter under consideration as against Rs 145.84 crore in the same period last financial year.

Revenue from polyester was also down to Rs 241.64 crore during the third quarter of the current financial year as against Rs 330.63 crore in the year-ago period.

Bombay Dyeing shares on Monday closed 0.61 per cent up at Rs 49.20 on BSE.

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First Published: Feb 08 2016 | 5:25 PM IST

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