New Delhi: Steel Authority of India Ltd reported its ninth consecutive quarterly loss on Friday, hurt by higher expenses.
Net loss came in at 8.01 billion rupees ($124.80 million), in the first quarter ended June 30, compared with a loss of 5.36 billion rupees in the year-ago period.
Total expenses for the quarter surged 27 percent to 143.50 billion rupees.
Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.
