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Bombay Dyeing suffers Q2 net loss at Rs 62 cr
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  • Bombay Dyeing suffers Q2 net loss at Rs 62 cr

Bombay Dyeing suffers Q2 net loss at Rs 62 cr

FP Archives • December 21, 2014, 00:02:35 IST
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The company had posted a net loss of Rs 27.74 crore during the same period of previous fiscal.

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Bombay Dyeing suffers Q2 net loss at Rs 62 cr

New Delhi: Bombay Dyeing & Manufacturing Company today reported a net loss of Rs 62.19 crore for the second quarter ended 30 September 2013.

The company had posted a net loss of Rs 27.74 crore during the same period of previous fiscal.[caption id=“attachment_1229863” align=“alignleft” width=“380”] ![Making loss. AFP](https://images.firstpost.com/wp-content/uploads/2013/11/AparrelFactory_380AFP.jpg) Making loss. AFP[/caption]

Net sales of the company, however, rose marginally to Rs 494.55 crore during the second quarter, compared to Rs 494.22 crore during the same period of previous fiscal, Bombay Dyeing said in a filing with the BSE.

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For the half year ended 30 September, the company registered a net loss of Rs 89.76 crore. The company had reported a net loss of Rs 55.24 crore during the same period of previous fiscal.

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Shares of Bombay Dyeing & Manufacturing Company were trading at Rs 66.30 apiece in late afternoon trade on the BSE, down 3.42 percent from the previous close.

PTI

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