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Kolkata-headquartered TIL Ltd (formerly Tractors India), reported a consolidated net loss of a little over Rs 4 crore for the three-month period ending September 2012. The company had reported a net profit of nearly Rs 6 crore during the corresponding quarter last fiscal.
During the quarter, consolidated net income stood at Rs 284 crore.
On a sequential basis (quarter on quarter), consolidated net loss was reduced to Rs 4 crore (between July to September) from the Rs 15 crore that the company had reported during its April to June quarter.
TIL stock closed at Rs 206.70, down by 6.02 per cent at the BSE, on Friday.
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