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This Article is From Aug 12, 2015

Jubilant Industries Q1 Loss Narrows to Rs 11 Cr

New Delhi: Jubilant Industries on Wednesday reported a consolidated net loss of Rs 11 crore for the fiscal first quarter that ended on June 30, 2015.

The company had registered a net loss of Rs 18.90 crore for the corresponding period a year ago.

Net sales, during the quarter under review, stood at Rs 191.63 crore, as compared to Rs 211.62 crore in the year-ago period - a decline of 9.44 per cent, the company said in a filing to the BSE.

Overall expenses were at Rs 194.13 crore, down 13.51 per cent as compared to Rs 224.46 crore a year ago.

Shares in Jubilant Industries, on Wednesday, ended 0.11 per cent lower at Rs 177.30 apiece on the BSE.

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