Bombay Dyeing incurs net loss of Rs 57.80 cr

Written by Agencies | Mumbai | Updated: Jan 31 2009, 20:27pm hrs
Bombay Dyeing & Manufacturing Co announced a net loss of Rs 57.80 crore for the third quarter ended December 31, 2008.

The company had posted a net loss of Rs 37.01 crore in the same quarter last fiscal, Bombay Dyeing informed the Bombay Stock Exchange in a communique.

Total income increased to Rs 324.85 crore for the quarter under review from Rs 307.90 crore in the same period previous fiscal.

The company operates in three segments: textile, polyester and real estate. Textile is a dominant activity, for which the company has advanced facilities.

Shares of the company closed at Rs 150.15, up 2.56 per cent from the previous close.