Bombay Dyeing Dec quarter loss widens to Rs 93.15 crore

Press Trust of India Posted online: Thursday, Feb 13, 2014 at 0000 hrs
New Delhi : Bombay Dyeing and Manufacturing Company today reported widening of its net loss at Rs 93.15 crore in the third quarter ended December 31.

The company had reported a net loss of Rs 26.86 crore in the same period in 2012-13 fiscal, Bombay Dyeing informed BSE in a filing.

Its total income from operations increased marginally to Rs 482.90 crore as against Rs 480.61 crore of the same quarter last fiscal.

Meanwhile, in a separate filing Bombay Dyeing informed BSE that Keshub Mahindra has stepped down as a director of the company and it was taken on record by the board a meeting held today.

Mahindra had a long association with the company and was on the post of directorship for over 45 years. Shares of Bombay Dyeing today closed at Rs 53.05 per scrip at BSE, down 5.18 per cent from their previous close.