IBP Company Q1 net loss stands at Rs 459 crore

Mumbai, July 26 (UNI) IBP Company Ltd, a subsidiary of the state-owned Indian Oil Corporation, has posted a net loss of Rs 458.70 crore for the quarter ended June 30, 2006 as compared to net loss of Rs 233.97 crore for the quarter ended June 30, 2005.

Announcing the results, the company said its total income has increased from Rs 3,721.81 crore for the quarter ended June 30, 2005 to Rs 4,427.32 crore for the quarter ended June 30, 2006.

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