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Kesoram Industries reports consolidated net loss of Rs 61.25 crore in Q1

15 Jul 2022 Evaluate

Kesoram Industries has reported results for first quarter ended June 30, 2022.

The company has reported net loss of Rs 41.26 crore for the quarter under review as compared to net profit of Rs 34.07 crore for the same quarter in the previous year. However, total income of the company increased by 4.87% at Rs 848.45 crore for June quarter as compared Rs 809.08 crore for the corresponding quarter previous year. 

On the consolidated basis, the company has reported net loss of Rs 61.25 crore for the quarter under review as compared to net profit of Rs 12.77 crore for the same quarter in the previous year. However, total income of the company increased by 6.52% at Rs 917.20 crore for June quarter as compared Rs 861.08 crore for the corresponding quarter previous year.

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