Moser Baer India has reported results for the fourth quarter and year ended March 31, 2013.
The company has reported net loss of Rs 108.47 crore in Q4FY13 as compared to net loss of Rs 59.60 crore in the same quarter previous year. Total income from operation of the company has decreased by 35.31% to Rs 290.06 crore as compared to Rs 448.39 crore in corresponding quarter last year.
For the year ended March 31, 2013, the company has posted a net loss of Rs 459.16 crore in FY13 as compared to a net loss of Rs 319.43 crore in previous years. Total income from operation of the company has decreased to Rs 1466.31 crore as compared to Rs 2082.13 crore in FY12, declined by 29.58%.
On consolidated basis, for the full year ended March 31, 2013, the company has posted a net loss at Rs 916.23 crore under year under review as compared to a net loss of Rs 768.66 crore in FY12. Total income has decreased by 36.37% at Rs 1685.84 crore for year under review as compared to Rs 2649.31 crore for the period ended March 31, 2012.
