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Hindustan Organic Chem reports Q4 loss

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Hindustan Organic Chemicals Ltd. reported a net loss of Rs. 41-crore in the fourth quarter ended March 31, 2016, as against a loss of Rs. 48-crore in the year ago quarter. For the full financial year ended March 31,2016, the government owned firm reported a loss of Rs. 173.77-crore (as against loss of Rs. 215.49-crore in FY2015). In the reporting quarter, net sales/ income from operations of the company were down to Rs. 11.73-crore (Rs. 68.81-crore in the year ago quarter).

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