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HomeNewsBusinessEarningsAlstom India net loss for Dec quarter at Rs 59 crore

Alstom India net loss for Dec quarter at Rs 59 crore

The company had reported net profit of Rs 14.90 crore in the year-ago period, it said in the filing to BSE.

February 05, 2016 / 15:50 IST
     
     
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    Alstom India today reported standalone net loss of Rs 58.93 crore for the quarter ended December 31.

    The company had reported net profit of Rs 14.90 crore in the year-ago period, it said in the filing to BSE.

    "The figures for the previous periods are not comparable with that of current periods as the previous periods includes values for the discontinued operations of Auxiliary component business," it said in a filing.

    The company's net sales during the third quarter of the current fiscal was Rs 388.60 crore, over Rs 387.77 crore in the October-December quarter of 2014-15.

    The company's business activity falls within single business segment i.e. power as accounting standards.

    first published: Feb 5, 2016 03:44 pm

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