Falcon Tyres Limited has suffered Rs 28.91 crore losses during the second quarter (Q2) ended March 31, 2012 as compared Rs 10.04 crore profits in the corresponding quarter of previous year.

The company’s revenues saw a marginally declined by 1.43 per cent to Rs 246.28 crore for quarter ended March 31, 2012 as against Rs 249.87 crore in the same period previous year.

EPS of the company stood (Rs 8.48) as against Rs 2.95 registered same period last year.

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