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Himatsingka Seide reports net loss of Rs 38.31 crore in the March 2008 quarter

Sales rise 95.21% to Rs 84.27 crore
Himatsingka Seide reported net loss of Rs 38.31 crore in the quarter ended March 2008 as against net profit of Rs 8.90 crore during the previous quarter ended March 2007. Sales rose 95.21% to Rs 84.27 crore in the quarter ended March 2008 as against Rs 43.17 crore during the previous quarter ended March 2007.
For the full year, net loss reported to Rs 26.04 crore in the year ended March 2008 as against net profit of Rs 54.61 crore during the previous year ended March 2007. Sales rose 33.60% to Rs 232.68 crore in the year ended March 2008 as against Rs 174.16 crore during the previous year ended March 2007.

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