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Atlas Cycles reports net loss of Rs 1.46 crore in Q2

Atlas Cycles (Haryana) has reported results for second quarter ended September 30, 2018.

The company has reported net loss of Rs 1.46 crore for the quarter under review against net profit of Rs 0.77 crore for the same quarter in the previous year. Total income of the company decreased by 4.18% at Rs 160.29 crore for Q2FY19 as compared Rs 167.28 crore for the corresponding quarter previous year.

Atlas Cycles (Haryana) is a manufacturer of bicycles. The company manufactures components of bicycles and steel tubes.

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