UMESL reports Q3 financial results
Usha Martin Education and Solutions Limited (UMESL) on Monday reported Rs 17.35 lakhs as consolidated revenue for the 3rd quarter that ended Dec 31, 2013.
The revenue on standalone basis for the quarter was Rs 14.01 lakhs.
UMESL met on Monday to consider the unaudited financial results for the 3rd quarter.
Consolidated net loss after tax for the quarter ended Dec 31, 2013 stood at Rs 101.76 lakhs, whereas its standalone net loss after tax was at Rs 103.37 lakhs.
The company continues to take measures to improve its operational profits and optimise costs.
(Posted on 29-01-2014)