Abhishek Corporation has reported results for fourth quarter and year ended March 31, 2012.
The company has reported net loss of Rs 51.32 crore for the quarter ended March 31, 2012, against net loss of Rs 9.28 crore for the corresponding period last fiscal. However, total income increased by 53.21% at Rs 9.79 crore during the quarter under review from Rs 6.39 crore in the year-ago period.
The company has reported net loss of Rs 81.04 crore for the year ended March 31, 2012, against net loss of Rs 69.79 crore in last fiscal. Total income decreased by 57.53% at Rs 21.06 crore from Rs 49.59 crore in the year-ago period.