India's welding electrodes maker, Esab India, incurred a net loss of Rs 1.25 crore for Apr-Jun, the first quarter of 1999-2000 compared with a net profit of Rs 63 lakh in the same quarter of the previous year. The company said its sales for the latest quarter was at Rs 23.73 crore, down 18% from sales of Rs 28.93 crore in the previous year's quarter. er {color: '#CC0000'; text-decoration:none} -->