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RED INK DOGS FIRMS IN DECEMBER QUARTER, AGGREGATE NET LOSS AT Rs18,000 CRORE (operating margins fell by 950 basis points to 3.4 percent).(Financial report)

India Business Insight

| March 09, 2012 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Factors like falling revenue growth, high cost of inputs, inventory write-down, foreign exchange fluctuations, provisions for resolution of legal issues and high interest rates have led to 1,111 companies posting net loss of Rs18,661 crore in Oct- Dec 2011. …

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