National Business 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
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