Bombay Dyeing Q4 net loss at Rs 7.4 crore

Mumbai, May 30 : Bombay Dyeing&Manufacturing Company has posted a higher net loss of Rs 7.4 crore for the quarter ended March 31, 2006 compared with a net loss of Rs 3.44 crore for the quarter ended March 31, 2005.

Announcing the results, the company said its total income (net of excise) has decreased from Rs 290.73 crore in Q4 FY 04-05 to Rs 218.85 crore for Q4 FY 05-06.

The company has, however, posted a stronger net profit of Rs 61.34 crore for the year ended March 31, 2006 (FY 05-06) as compared to Rs 26.56 crore for the year ended March 31, 2005 (FY 04-05).

Total income (net of excise) has decreased from Rs 1049.39 crore in FY 04-05 to Rs 1034.14 crore for FY 05-06, dragged down by a reduction in income during the fourth quarter.

UNI