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Artson Engineering reports loss of Rs 4.92 crore in Q3

12 Jan 2013 Evaluate

Artson Engineering has reported results for third quarter ended December 31, 2012.

The company has reported a net loss of Rs 4.92 crore for the quarter ended December 31, 2012 as compared to a net loss of Rs 1.68 crore for the same quarter in the previous year.  Total income of the company has decreased by 2.58% at Rs 15.10 crore for quarter under review as compared to Rs 15.50 crore for the quarter ended December 31, 2011.

Artson Engineering is engaged in pioneering work in developing products and systems in fuel handling and tankage construction activities in refineries, which led the company to become one of the foremost companies in India with specialization in Petroleum Storage and handling systems.

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