Bharat Gears reports USD58,660 net loss in Q1 FY2013-14
Sales down 5% y/y to USD15.7m
Bharat Gears reported net loss of INR3.5m (USD58,660 on 30 June 2013) for the first quarter (Q1) ended 30 June 2013 compared to net profit of INR30.2m (USD506,140 on 30 June 2012) in the same period of the previous year, according to the company’s press release.
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