SR Industries has reported results for third quarter ended December 31, 2011.
SR Industries has reported a net loss of Rs 1.80 crore for the quarter ended December 31, 2011, against net loss of Rs 3.81 crore for the corresponding period last fiscal. Total income decreased by 29.17% at Rs 5.05 crore during the quarter under review from Rs 7.13 crore in the same quarter of 2010.
SR Industries is a textile industry, engaged in commercial production from 1994, manufacturer and exporter of 100% terry towel. The company use state-of-the-art technology and has all the in-house facilities - warping, sizing, weaving, processing, fabrication & finishing. The company is a public limited company listed on the Indian Stock Exchange.