Sathvahana Ispat Ltd has posted a lower net loss among its peers during the third quarter (October-December) of 2015-16.
The company’s net loss stood at Rs 1.44 crore on a net sales of Rs 300.51 crore.
Total expenditure during the quarter stood at Rs 278.52 crore, while profit before interest and exception items stood at Rs 23.91 crore. However, interest outgo for the quarter was Rs 25.27 crore.
Net loss from ordinary activities before tax stood at Rs 1.36 crore and after tax payment of Rs 0.08, the net loss increased to Rs 1.44 crore.
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