Balrampur Chini posts Rs 64 cr loss

Balrampur Chini Mills reported a net loss of Rs 64.01 crore for the quarter.

Sugar producer Balrampur Chini Mills today reported a net loss of Rs 64.01 crore for the quarter ended December 31,2011.

The company had reported a net profit of Rs 27.85 crore in the year-ago period.

The total income of the company rose by 40 per cent to Rs 722.30 crore in the October December 2011 from Rs 578.89 crore in the same period of the previous year,it said in a filing to the BSE.

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The Kolkata-based company has sugar factories in Uttar Pradesh with an aggregate cane crushing capacity of 76,500 tonnes per day.

Shares of the company today closed at Rs 46.05 at the BSE,down by 3.36 per cent from its previous close.

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