Struggling ABG Shipyard of India has posted a bigger loss in its delayed second quarter results statement.
The debt-laden company said the net deficit was INR 7.2bn ($110m) to 30 September, against INR 4.78bn in 2015.
Total income from operations fell to INR 20m, from INR 90m, while expenses rose to INR 4.35bn from INR 2.91bn a year ago.
On Wednesday the yard avoided delisting after regaining compliance with Bombay Stock Exchange rules on financial reporting.
Its
