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News Details

05/08/2025 15:10

Kanoria Chemical posts Q1 net loss of Rs 4.67 cr

The company reported standalone net loss during the quarter stood at Rs 4.67 crore compared to net profit of Rs 1.64 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 15.38 per cent at Rs 186.54 crore in April-June quarter of this fiscal as against Rs 161.68 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 12.92 per cent to Rs 175.20 crore from Rs 155.16 crore in year ago period.

Other Income grew by 251.60 per cent at Rs 7.70 crore versus (Jun'24 Rs 2.19 crore).

Operating Profit surged by 73.93 per cent to Rs 11.34 crore as against Rs 6.52 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 50.87 per cent in June quarter.

Interest grew by 44.11 per cent y-o-y to Rs 4.28 crore, while Taxation increased by 372.86 per cent at Rs 3.31 crore (Jun'24 Rs 0.70 crore).