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JCT Electronics reports net loss of Rs 10.05 crore in Q1

18 Aug 2012 Evaluate

JCT Electronics has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a net loss of Rs 10.05 crore for the quarter ended June 30, 2012 against net loss of Rs 20.10 crore for the corresponding period last fiscal.  However, total income increased by 436.67% at Rs 109.48 crore during the quarter under review from Rs 20.40 crore in the year-ago period.

JCT Electronics (JCTEL) was formerly known as Punjab Display Devices (PDDL). It was established as a wholly-owned subsidiary of Punjab State Industrial Development Corporation (PSIDC) in 1976.

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