Business Standard

ABG Shipyard loss widens

The country's largest private sector shipbuilding yard had reported a net loss of Rs 48.78 cr in the corresponding quarter of the previous fiscal

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Press Trust Of India
ABG Shipyard on Tuesday said its standalone net loss widened at Rs 374.86 crore for the quarter ended March due to massive fall in its total income.

The country's largest private sector shipbuilding yard had reported a net loss of Rs 48.78 crore in the corresponding quarter of the previous fiscal.

Total income from operations during the quarter under review nosedived to Rs 21.95 crore, against Rs 499.26 crore in the fourth quarter of 2013-14.

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First Published: May 26 2015 | 11:50 PM IST

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