The cement maker's net loss widened to Rs 62.02 crore in Q1 FY25 as against a net loss of Rs 32.44 crore posted in Q1 FY24.
Revenue from operations declined 12.01% year on year to Rs 878.91 crore in the quarter ended 30 June 2024.
The company reported a pre-tax loss of Rs 41.57 crore in Q1 FY25 as compared to a pre-tax loss of Rs 35.23 crore recorded in the same period a year ago.
Total expenses in the June quarter were at Rs 925.60 crore, down 11.11% YoY.
The company's revenue from cement stood at Rs 811.63 crore (down 14.45% YoY) while revenue from rayon, transparent paper and chemicals was at Rs 67.28 crore (up 34.16% YoY) during the period under review.
Kesoram Industries is engaged in the manufacture of cement, tyres, tubes, rayon, paper, heavy chemicals and spun pipes.
Shares of Kesoram Industries fell 0.83% to Rs 209.05 on the BSE.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app