Tamil Nadu-based Sakthi Sugars' net loss increased to Rs 35.6 crore in the third quarter of financial year 2012-13 from Rs 28.5 crore in a year ago period, sending shares 5% down intraday.
Net sales went up marginally to Rs 185.5 crore from Rs 180.1 crore during the same period.
At 13:07 hours IST, shares declined 2.37 percent to Rs 22.65 on Bombay Stock Exchange. Market capitalisation of the company currently stands at Rs 83.37 crore.
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