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News Details

05/11/2025 17:01

Shiva Mills posts Q2 net loss of Rs 0.16 cr

The company reported standalone net loss during the quarter stood at Rs 0.16 crore as compared to net loss of Rs 0.72 crore in the previous year quarter.

Net revenue of the company declined substantially by 36.68 per cent at Rs 30.44 crore in July-September quarter of this fiscal as against Rs 48.07 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 38.28 per cent to Rs 29.07 crore from Rs 47.10 crore in year ago period.

Other Income grew by 91.67 per cent at Rs 0.23 crore versus (Sep'24 Rs 0.12 crore).

Operating Profit surged by 42.27 per cent to Rs 1.38 crore as against Rs 0.97 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 124.26 per cent in September quarter.

Interest declined by 55.17 per cent y-o-y to Rs 0.13 crore, while Taxation decreased by 25.00 per cent at Rs -0.12 crore (Sep'24 Rs -0.16 crore).