Results     03-Aug-10
Announcements
Kesar Enterprises reports net loss of Rs 4.40 crore in the June 2010 quarter
Sales decline 51.69% to Rs 20.11 crore
Kesar Enterprises reported net loss of Rs 4.40 crore in the quarter ended June 2010 as against net profit of Rs 2.60 crore during the previous quarter ended June 2009. Sales declined 51.69% to Rs 20.11 crore in the quarter ended June 2010 as against Rs 41.63 crore during the previous quarter ended June 2009.

For the unaudited full year, net profit reported to Rs 1.73 crore in the year ended June 2010. Sales reported to Rs 200.77 crore in the year ended June 2010. The company demerged its Storage Undertaking/ Division into a seperate company, Kesar Terminals & Infrastructure Ltd with effect from 01 January 2009. The values of previous full year ended June 2009 include the Storage Division and hence, the current full year ended June 2010 is not comparable with the previous full year ened June 2009.

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