Adhunik Metaliks has reported results for first quarter ended June 30, 2018.
The company has reported net loss of Rs 119.63 crore for the quarter under review as compared to net loss of Rs 284.80 crore for the same quarter in the previous year. Total income of the company decreased by 65.48% at Rs 78.33 crore for Q1FY19 as compared Rs 226.91 crore for the corresponding quarter previous year.
Adhunik Metaliks is engaged in the manufacture of steel, alloy steel and stainless steel products. It is flagship the company of Adhunik Group. Adhunik Metaliks manufactures a wide range of special steels of international quality that has applications in automobile, construction and engineering.