Web Sify
Follow us on
Sify.com » Topics » National Business Karnataka
National Business Karnataka News

BEML posts Rs.14 crore net loss in Q4 of 2011-12
Bangalore, May 31 (IANS) State-run defence behemoth BEML, at the centre of a controversey involving its Tatra heavy-duty trucks, reported a Rs.14 crore net loss for the fourth quarter of fiscal 2011-12 as against a net profit of Rs.70 crore in same period of previous fiscal (2010-11), registering a whopping decline of 80 percent year-on-year (YoY). In a regulatory filing late Thursday, the Bangalore-based