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Usha Martin March quarter loss narrows to Rs149.03 crore

LiveMint logoLiveMint 30-05-2017 Soumonty Kanungo

Kolkata: Embattled steel and wire-rope maker Usha Martin Ltd on Tuesday said its net loss in the March quarter had narrowed to Rs149.03 crore from Rs160.22 crore in the same period a year ago, thanks to cost rationalisation.

Revenue for the quarter remained largely unchanged from the previous year at Rs960.82 crore.

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