Moser Baer registers net loss of Rs 42 crore

Moser Baer registers net loss of Rs 42 croreMoser Baer, World's second largest Optical Storage manufacturer has registered net loss worth Rs 41.84 crore for the second quarter ended September 30, against a net profit of Rs 3.27 crore for the same period last year. 

The net sales of the company grew to Rs 592.31 crore for the quarter under review, from Rs 447.79 crore for the same period, previous fiscal. 

For the six months ended September 30, the company posted a net profit of Rs 145.82 crore, while it had a net profit of R s 12.90 crore for the same period last fiscal. 

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