Hindustan Organic Chemicals reports net loss of Rs 89.58 crore in Q4

Hindustan Organic Chemicals has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a net loss of Rs 89.58 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 133.19 crore for the same quarter in the previous year. The company reported over 3-fold jump in its total income at Rs 146.68 crore for quarter under review as compared to Rs 45.92 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a net loss at Rs 199.18 crore as compared to net loss of Rs 255.57 crore for the previous year. The company reported over 2-fold jump in its total income at Rs 308.47 crore for the year under review as compared to Rs 149.33 crore for the year ended March 31, 2017.