Moser Baer India FY'09 net loss at Rs 150.86 cr

Agencies

Posted: Thursday, Jul 09, 2009 at 1019 hrs IST
Updated: Thursday, Jul 09, 2009 at 1019 hrs IST


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Mumbai: Optical storage manufacturer Moser Baer India reported a net loss of Rs 150.86 crore for the year ended March 31, 2009.

It had a net loss of Rs 78.91 crore in the corresponding period ended March 2008.

Net sales of the company rose to Rs 2,289.45 crore for the year ended 2009, against Rs 1,964.02 crore in the same period last year, Moser Baer India said in a filing to the Bombay Stock Exchange.

The board of directors has proposed a dividend of Rs 0.60 a piece for the year ended 2008-09, the filing added.

Shares of Moser Baer India were trading at Rs 70.30 on the BSE, down 4.03 per cent from previous close.

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