Kesoram Industries Ltd Share Price – NSE  / BSE

Cement, Small Cap

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

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Revenue from operations declined 12.01% year on year to Rs 878.91 crore in the quarter ended 30 June 2024.

The company reported a pre-tax loss of Rs 41.57 crore in Q1 FY25 as compared to a pre-tax loss of Rs 35.23 crore recorded in the same period a year ago.

Total expenses in the June quarter were at Rs 925.60 crore, down 11.11% YoY.

The company's revenue from cement stood at Rs 811.63 crore (down 14.45% YoY) while revenue from rayon, transparent paper and chemicals was at Rs 67.28 crore (up 34.16% YoY) during the period under review.

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

Shares of Kesoram Industries fell 0.83% to Rs 209.05 on the BSE.

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Net Loss of Kesoram Industries reported to Rs 62.02 crore in the quarter ended June 2024 as against net loss of Rs 32.44 crore during the previous quarter ended June 2023. Sales declined 12.01% to Rs 878.91 crore in the quarter ended June 2024 as against Rs 998.87 crore during the previous quarter ended June 2023.

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Kesoram Industries will hold a meeting of the Board of Directors of the Company on 10 July 2024.

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