Kesoram Industries Ltd Share Price – NSE  / BSE

Miscellaneous, Small Cap

Revenue from operations declined 2% year on year to Rs 58.71 crore in the quarter ended 30 September 2024.

The company reported a pre-tax loss of Rs 23.95 crore in Q2 FY25 as compared with a pre-tax loss of Rs 26.94 crore recorded in the same period a year ago.

Total expenses declined 6.93% YoY to Rs 83.62 crore during the quarter. Cost of material consumed was at Rs 29.09 crore (up 22.79% YoY), Finance cost stood at Rs 7.42 crore (up 2.06% YoY) and employee benefits expenses stood at Rs 18.42 crore (up by 5.07% YoY) in Q2 FY25.

On half year basis the company reported 131.29 crore of consolidated net profit in H1 FY25 as against net loss of Rs 91.53 crore recorded in H1 FY24. The company’s revenue jumped 14.48% to Rs 125.99 crore in H1 FY25 as compared to Rs 110.65 crore recorded in H1 FY24.

Kesoram Industries is engaged in the manufacture of cement, tyres, tubes, rayon, paper, heavy chemicals and spun pipes.

The counter rose 0.53% to end at Rs 209.85 on Friday, 18 October 2024.

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Net Loss of Kesoram Industries reported to Rs 69.92 crore in the quarter ended September 2024 as against net loss of Rs 58.72 crore during the previous quarter ended September 2023. Sales declined 1.99% to Rs 58.71 crore in the quarter ended September 2024 as against Rs 59.90 crore during the previous quarter ended September 2023.

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Kesoram Industries will hold a meeting of the Board of Directors of the Company on 18 October 2024

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Kesoram Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 20 September 2024 .

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