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Business News/ Companies / Usha Martin March quarter loss narrows to Rs149.03 crore
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Usha Martin March quarter loss narrows to Rs149.03 crore

Usha Martin's revenue for the March quarter remained largely unchanged from the previous year at Rs960.82 crore

A screen grab of Usha Martin’s website.Premium
A screen grab of Usha Martin’s website.

Kolkata: Embattled steel and wire-rope maker Usha Martin Ltd on Tuesday said its net loss in the March quarter had narrowed to Rs149.03 crore from Rs160.22 crore in the same period a year ago, thanks to cost rationalisation.

Revenue for the quarter remained largely unchanged from the previous year at Rs960.82 crore.

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Published: 31 May 2017, 12:52 AM IST
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