Kalindee Rail loss widens in Apr-Jun quarter

Kolkata: Kalindee Rail Nirman (Engineers) said its net loss for the quarter ended June 2015 has widened to Rs 17.65. It reported a net loss of Rs 15.33 million in the same quarter previous year.

Revenues for the quarter jumped 53.71% to Rs 737.12 million, compared with Rs 480 million for the prior year period.

Operating margin for the quarter stood at 7.62 percent as compared to 5.16 percent for the previous year period. Operating Income for the quarter was Rs.56.15 million, compared with Rs.24.753 million in the previous year period.

Earnings per share stood negative at Rs.1.07 compared with negative Rs.0.93 in the same quarter last year. Shares of the company declined Rs.0.5, or 0.44%, to settle at Rs.112.60. The total volume of shares traded was 20,463 at the BSE (Monday).

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