Bilpower reports net loss of Rs 14.69 crore in Q4

Bilpower has reported a net loss of Rs 14.69 crore for the fourth quarter ended March 31, 2012 as compared to net profit of Rs 0.49 crore in the year-ago period. The total income from operation of the company decreased 58.97% to Rs 47.14 crore for the quarter under review from Rs 114.89 crore in the same period of previous fiscal.

For the full year, the company has recorded a net loss of Rs 18.59 crore from net profit of Rs 4.30 crore in 2010-11. The total income from operation went down by 15.70% to Rs 336.12 crore in 2011-12 from Rs 398.70 crore in previous fiscal.