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HomeNewsBusinessEarningsGujarat NRE Coke Apr-Jun qtr net loss widens to Rs 109 cr

Gujarat NRE Coke Apr-Jun qtr net loss widens to Rs 109 cr

Gujarat NRE Coke Ltd's standalone net loss widened to Rs 108.80 crore for the quarter ended June 30, 2016.

September 15, 2016 / 08:52 IST
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Gujarat NRE Coke Ltd's standalone net loss widened to Rs 108.80 crore for the quarter ended June 30, 2016.

The company had posted a net loss from ordinary activities after tax of Rs 60.66 crore in the year-ago period, Gujarat NRE Coke said in a BSE filing today.

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Total income from operations dropped drastically to Rs 72.68 crore from Rs 247.37 crore in the corresponding quarter of previous fiscal.

Gujarat NRE Coke Ltd, the flagship company of Gujarat NRE Group is an independent producers of met coke in India. It has two metallurgical coke plants in Khambhalia and Bhachau in Gujarat and the third plant in Dharwad in Karnataka.

first published: Sep 14, 2016 07:28 pm

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