Home Economy Tamil Nadu Petro posts Rs.53 crore loss

Tamil Nadu Petro posts Rs.53 crore loss

Chennai : Linear alkyl benzene (LAB) maker Tamil Nadu Petroproducts Ltd on Tuesday said it closed last fiscal with lower revenue and higher net loss compared to 2013-14.

In a regulatory filing in BSE, the company said its total revenue last year stood at Rs.949.87 crore down from Rs.1,051.82 crore earned during 2013-14.

According to the company, its net loss last year was at Rs.53.07 crore up from Rs.37.30 crore posted in 2013-14.