Coal news and updates

Indowind Energy posts net loss of Rs 0.99 crore in Q3

January 22: Indowind Energy Ltd has posted a net loss of 0.99 crore during the quarter ended December 31, 2013 against a net profit of Rs 0.29 crore earned during the corresponding quarter of 2012-13, according to the company's filing with BSE.

The company's net sales during the quarter stood at Rs 3.31 crore as compared to 3.64 crore in Q3 of FY'13.

On the other hand, expenditure during the quarter stood at Rs 1.96 crore as compared to an expenditure of Rs 1.75 crore incurred during Q3 of FY'13.