Micro Inks Q2 net loss at Rs 9.54cr

Micro Inks today reported a consolidated net loss of Rs 9.54 crore for the second quarter ended September 30, 2006 as against a net profit of Rs 15.11 crore  in Q2FY06.

According to a release issued by the company to the BSE today, total income was up 9% at Rs 304.08 crore from Rs 278.09 crore in Q2FY06.

The company, on a stand-alone basis, posted a net loss of Rs 7.41 crore for the quarter ended September 30, 2006 as against a net profit of Rs 16.09 crore in Q2FY06.

Total income increased to Rs 237.270 crore for the quarter ended September 30, 2006 from Rs 234.260 crore in Q2FY06.