MRPL 1Q12 NET LOSS AT INR 1521 cr vs exp PROFIT INR 203 cr

MPRL Ltd – Co. posted 1Q12 Net Loss at INR 1521 cr vs expectations of a Profit of INR 203 cr. Forex losses amounted to INR 649 cr. GRM at -4.52 vs 3.72 dollars a barrel. (CNBC TV 18)

Share price down 10 percent at INR 51.15 a share on BSE. Operating performance hurt by shutdown of plant in April 2011.



Categories: Earnings, Indian Earnings

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