Wire and Wireless Q4 net loss at Rs 31 crore
Wire and Wireless, a leading cable television firm has announced that it has clocked a consolidated net loss of Rs 31 crore during the fourth three month period ended on March 31, 2009.
During the quarter under review, the consolidated net sales of the company has also witnessed downward trend to Rs 71 as compared to Rs 81 crore of December quarter of previous fiscal.
For the year ended March 31, 2009, the Essel Group firm has recorded a consolidated net loss of Rs 94 crore, while the same was at Rs 151 crore a year earlier.
However, the consolidated net sales of the firm during the latest fiscal surged to Rs 308 crore from Rs 271 crore of a year ago.
On standalone basis, the firm has registered a net loss of Rs 25 crore during the March quarter of the latest fiscal, while the same was at Rs 29.77 crore during the quarter ended December 31, 2008.