Kesoram Industries’ consolidated net loss widens to Rs 244 crore in Q4

23 Apr 2024 Evaluate

Kesoram Industries has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported net loss at Rs 253.16 crore for the quarter under review as compared to net loss of Rs 6.08 crore for the same quarter in the previous year. However, total income of the company increased by 0.31% at Rs 1014.95 crore for Q4FY24 as compared Rs 1011.78 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss at Rs 244.42 crore for fourth quarter ended March 31, 2024 as compared to net loss of Rs 26.13 crore for the same quarter in the previous year. However, total income of the company increased by 2.16% at Rs 1093.96 crore for Q4FY24 as compared Rs 1070.82 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported net loss at Rs 331.67 crore as compared to net loss of Rs 115.67 crore for the previous year. However, total income of the company increased by 4.98% at Rs 3783.54 crore for year under review as compared to Rs 3603.93 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported net loss at Rs 384.09 crore as compared to net loss of Rs 194.27 crore for the previous year. However, total income of the company increased by 4.88% at Rs 4035.94 crore for year under review as compared to Rs 3848.31 crore for year ended March 31, 2023.

Kesoram Industries Share Price

221.10 -4.65 (-2.06%)
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