Net Loss of Tilaknagar Industries reported to Rs 37.46 crore in the quarter ended December 2019 as against net loss of Rs 48.97 crore during the previous quarter ended December 2018. Sales declined 9.80% to Rs 163.95 crore in the quarter ended December 2019 as against Rs 181.77 crore during the previous quarter ended December 2018.

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Net Loss of Tilaknagar Industries reported to Rs 35.77 crore in the quarter ended December 2019 as against net loss of Rs 53.00 crore during the previous quarter ended December 2018. Sales rose 10.31% to Rs 162.31 crore in the quarter ended December 2019 as against Rs 147.14 crore during the previous quarter ended December 2018.

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Tilak Nagar Industries will hold a meeting of the Board of Directors of the Company on 13 February 2020.

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The liquor maker announced during trading hours on Monday (27 January) that as per the one time settlement (OTS), it paid Rs 16.04 crore towards full and final settlement of the total dues of Rs 44.13 crore payable to the bank as per the company's records. Prior to this, the company's account was classified as non-performing asset (NPA) by IDBI Bank.

Meanwhile, the S&P BSE Sensex was down 434 points or 1.04% to 41179.27.

On the BSE, 13,552 shares were traded in the counter so far compared with average daily volumes of 7,419 shares in the past two weeks. The stock hit a high of Rs 16.97 and a low of Rs 16.6 so far during the day.

The stock hit a 52-week high of Rs 20.18 on 28 Nov 2019. The stock hit a 52-week low of Rs 11.6 on 08 Jul 2019.

The small cap company has equity capital of Rs 125.13 crore. Face value per share is Rs 10.

Tilaknagar Industries is engaged in manufacturing Indian Made Foreign Liquor (IMFL).

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