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Modern Malleables reports net loss of Rs 63.36 lakh for Q2

21 Nov 2011 Evaluate

Modern Malleables has reported result for the second quarter ended September 30, 2011.

The company has reported a net loss of Rs 63.36 lakh for the quarter under review as compared to a net profit of Rs 27.14 lakh for the corresponding quarter previous year. However, its total income has doubled to Rs 1009.60 crore as compared to Rs 489.93 lakh for the same quarter last year.

The manufacturing facilities at Modern Malleables are specially oriented for the production of accessories and hardware for - Transmission lines upto 800 KV, Distribution lines for LV & HV, Aerial optical fibre cables, Aerial bunched cable, Rail and telecom structures and Tower structures.

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