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News Details

12/11/2025 19:43

Sreechem Resins posts Q2 net loss of Rs 0.57 cr

The company reported standalone net loss during the quarter stood at Rs 0.57 crore as compared to net loss of Rs 0.56 crore in the previous year quarter.

Net revenue of the company declined substantially by 22.60 per cent at Rs 6.54 crore in July-September quarter of this fiscal as against Rs 8.45 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 21.29 per cent to Rs 6.95 crore from Rs 8.83 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.01 crore versus (Sep'24 Rs 0.01 crore).

Operating Profit surged by 7.89 per cent to Rs -0.41 crore as against Rs -0.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 38.75 per cent in September quarter.

Interest declined by 33.33 per cent y-o-y to Rs 0.04 crore, while Taxation increased by 0.00 per cent at Rs -0.02 crore (Sep'24 Rs 0.00 crore).