Mumbai: Optical storage manufacturer Moser Baer India on Thursday reported a net loss of Rs150.86 crore for the year ended 31 March, 2009.
It had a net loss of Rs78.91 crore in the corresponding period ended March 2008.
Net sales of the company rose to Rs2,289.45 crore for the year ended 2009, against Rs1,964.02 crore in the same period last year, Moser Baer India said in a filing to the Bombay Stock Exchange.
The board of directors has proposed a dividend of Rs0.60 a piece for the year ended 2008-09, the filing added.
Shares of Moser Baer India were trading at Rs70.30 on the BSE, down 4.03% from previous close.