GRP has reported results for first quarter ended June 30, 2017.
The company has reported a net loss of Rs 1.72 crore for the quarter under review as against a net profit of Rs 3.85 crore for the same quarter in the previous year. Total income of the company decreased by 10.50% at Rs 74.57 crore for Q1FY18 as compared Rs 83.32 crore for the corresponding quarter previous year.
GRP produces reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, moulded rubber products for different applications in both, tyre and non tyre rubber products.
