The company had posted a net loss from ordinary activities after tax of Rs 60.66 crore in the year-ago period, Gujarat NRE Coke said in a BSE filing today.
Total income from operations dropped drastically to Rs 72.68 crore from Rs 247.37 crore in the corresponding quarter of previous fiscal.
Gujarat NRE Coke Ltd, the flagship company of Gujarat NRE Group is an independent producers of met coke in India. It has two metallurgical coke plants in Khambhalia and Bhachau in Gujarat and the third plant in Dharwad in Karnataka.