MBL Infrastructures has received completion certificate for Project of Construction of 96 flats {Basement + Ground + 12 storey), Tulsi Tower, Tulsi Nagar, Bhopal, Madhya Pradesh for M P Hosing& Infrastructure Development Board.

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Chromatic India Ltd, Patspin India Ltd, High Ground Enterprise Ltd and Khaitan (India) Ltd are among the other losers in the BSE's 'B' group today, 04 June 2019.

MBL Infrastructures Ltd crashed 9.00% to Rs 10.92 at 14:33 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 21445 shares were traded on the counter so far as against the average daily volumes of 8883 shares in the past one month.

Chromatic India Ltd lost 8.99% to Rs 0.81. The stock was the second biggest loser in 'B' group.On the BSE, 1300 shares were traded on the counter so far as against the average daily volumes of 19163 shares in the past one month.

Patspin India Ltd tumbled 7.98% to Rs 9.11. The stock was the third biggest loser in 'B' group.On the BSE, 2605 shares were traded on the counter so far as against the average daily volumes of 5420 shares in the past one month.

High Ground Enterprise Ltd plummeted 7.64% to Rs 5.56. The stock was the fourth biggest loser in 'B' group.On the BSE, 35652 shares were traded on the counter so far as against the average daily volumes of 40205 shares in the past one month.

Khaitan (India) Ltd fell 7.44% to Rs 28.6. The stock was the fifth biggest loser in 'B' group.On the BSE, 2766 shares were traded on the counter so far as against the average daily volumes of 1118 shares in the past one month.

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Net loss of MBL Infrastructures reported to Rs 295.35 crore in the quarter ended March 2019 as against net profit of Rs 301.85 crore during the previous quarter ended March 2018. Sales declined 97.53% to Rs 5.86 crore in the quarter ended March 2019 as against Rs 237.62 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 241.24 crore in the year ended March 2019 as against net profit of Rs 239.02 crore during the previous year ended March 2018. Sales declined 69.87% to Rs 146.67 crore in the year ended March 2019 as against Rs 486.74 crore during the previous year ended March 2018.

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MBL Infrastructures will hold a meeting of the Board of Directors of the Company on 30 May 2019.

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