Electrotherm (India) has reported results for second quarter ended September 30, 2012.
The company has reported a net loss of Rs 91.48 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 152.99 crore for the same quarter in the previous year. Total income of the company has decreased by 31.48% at Rs 277.44 crore for quarter under review as compared to Rs 404.91 crore for the quarter ended September 30, 2011.
Electrotherm (India) established itself as a market leader in the induction of melting furnaces for the steel manufacturing in India and has further diversified into the steel manufacturing and electric vehicles business.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
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