OCL Iron and Steel has reported results for first quarter ended June 30, 2018.
The company has reported net loss of Rs 76.70 crore for the quarter under review as compared to net loss of Rs 46.37 crore for the same quarter in the previous year. However, total income from operations of the company increased by 51.44% at Rs 114.28 crore for Q1FY19 as compared Rs 75.46 crore for the corresponding quarter previous year.
OCL Iron and Steel is engaged in manufacture and sale of cement and refractory products, steel and sponge iron products and operations relating to the real estate sector. The company also engaged in the business of sponge & steel, other steel components.
