Texmaco Rail & Engineering reports standalone net loss of Rs 8.30 crore in the September 2017 quarter

Capital Market 

Sales decline 47.40% to Rs 191.96 crore

Net loss of Rail & Engineering reported to Rs 8.30 crore in the quarter ended September 2017 as against net profit of Rs 18.22 crore during the previous quarter ended September 2016. Sales declined 47.40% to Rs 191.96 crore in the quarter ended September 2017 as against Rs 364.93 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales191.96364.93 -47 OPM %0.065.15 -PBDT-4.7224.63 PL PBT-9.1420.72 PL NP-8.3018.22 PL

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First Published: Mon, October 16 2017. 17:30 IST