Mahindra Ugine Steel Company has posted a net loss of INR 243.03 million for the quarter ended December 31st 2011 as compared to net loss of INR 50.59 million for the quarter ended December 31st 2010.

The company’s total income has increased from INR 3.40 billion for the quarter ended December 31st 2010 to INR 3.92 billion for the quarter ended December 31st 2011, representing an increase of 15.24%.

(Sourced from IRIS.com)