In a filing with the Bombay Stock Exchange (BSE), the company's total income from operations stood at Rs.270.67 crore and the net loss at Rs.189.20 crore for the quarter that ended on June 20,2014 as against Rs.346.92 crore and a net loss of Rs.98.50 crore logged during the comparable period the previous year.

According to Moser Baer, the company's total accumulated losses as on date stand at Rs.728.74 crore, eroding the net worth. The company's current liabilities exceed current assets by Rs.1,166.91 crore.

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