Balrampur Chini Mills Has Quarterly Loss of 198.6 Million Rupees

July 23 (Bloomberg) -- Balrampur Chini Mills Ltd. (BRCM), India’s second-largest sugar producer, reported a loss of 198.6 million rupees ($4.5 million) in the three months ended June 30.

The Kolkata-based company made a profit of 111.3 million rupees in the year-earlier period, according to an exchange filing today.

Sales increased to 5.64 billion rupees in the period from 5.4 billion rupees a year earlier, the company said.

To contact the reporter on this story: Ruth David in Mumbai Serviced at rdavid9@bloomberg.net

To contact the editor responsible for this story: Arijit Ghosh at aghosh@bloomberg.net

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