The Free Press Journal

Omax Autos deeper in red with net loss of Rs 13.6 crore in Oct-Dec

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Omax Autos Ltd slipped deeper into the red in the December quarter, posting a net loss of 135.61 mln rupees as against a loss of 25.02 mln rupees a year ago, and a 63.70-mln-rupee loss in Jul-Sep. Revenue from operations plunged 70.8% on year and 42.3% sequential­ly to 290.36 mln rupees.

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