Moser Baer India has reported results for third quarter ended December 31, 2011.
The company has reported a net loss of Rs 95.91 crore for the quarter ended December 31, 2011 as compared to a net loss of Rs 115.69 crore for the same quarter in the previous year. Total income has increased by 26.14% to Rs 556.35 crore for quarter under review as compared to Rs 441.05 crore for the quarter ended December 31, 2010.
Moser Baer India is second largest manufacturer of optical storage media like CDs and DVDs in the world. It is first to market the next generation Blu-ray Discs and HD DVDs. It has diversified itself into areas of solar energy, home entertainment and IT peripherals and consumer electronics.
