Hot Pursuit     11-Jul-24
Kesoram Inds Q1 net loss widens to Rs 62 cr
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.

Previous News
  Kesoram Industries reports standalone net loss of Rs 139.59 crore in the September 2017 quarter
 ( Results - Announcements 10-Nov-17   17:22 )
  Kesoram Industries reports consolidated net loss of Rs 32.44 crore in the June 2023 quarter
 ( Results - Announcements 14-Jul-23   18:40 )
  Kesoram Inds gains after turnaround Q4 outcome
 ( Hot Pursuit - 16-May-19   11:43 )
  Kesoram Industries slides after announcement of preferential issue
 ( Hot Pursuit - 17-Feb-16   10:09 )
  Kesoram Industries AGM scheduled
 ( Corporate News - 02-Jul-21   13:02 )
  Kesoram Industries to discuss results
 ( Corporate News - 01-Nov-17   17:30 )
  Kesoram Industries AGM scheduled
 ( Corporate News - 26-Jun-19   17:28 )
  Kesoram Industries concludes sale of its shareholding in Cavedish Industries
 ( Corporate News - 13-Apr-16   18:02 )
  Board of Kesoram Industries to consider fund raising options
 ( Corporate News - 03-Nov-22   15:58 )
  Kesoram Industries allots NCDs aggregating Rs 1603.50 cr
 ( Corporate News - 16-Mar-21   13:13 )
  Outcome of board meeting of Kesoram Industries
 ( Corporate News - 26-Jun-14   14:17 )
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