Kolkata -based Kolkata -based Kesoram Industries on Monday recorded a consolidated net loss of Rs 99.3 crore in the first quarter of FY 26 (Q1), while there was a loss of Rs 61.4 crore in the same quarter (Q1 FY25) of the previous financial year. The revenue of the company also saw a decline, which was recorded in the stock exchange, according to the information recorded in the stock exchange, it was 61 crore rupees in the first quarter of 61 crore. Gaya, which was Rs 67.3 crore in the first quarter of FY 25.
The company’s EBITDA (earning before interest, tax, depreciation and refinement) was Rs 10.5 crore, which is slightly higher than a loss of Rs 8.41 crore recorded in the same period a year ago. This quarter also included an extraordinary deficit of Rs 89.8 crore, which had a profound impact on the company’s profits.
However, the total expenditure for the quarter declined to Rs 82.98 crore, which is about 27 percent lower than Rs 113.38 crore in the same period of the previous financial year, however, some cost components saw an increase. The cost of consumed materials increased from 8.27 percent to Rs 31.8 crore from year to year, while employee profit expenditure increased by 17 percent to Rs 17.97 crore.
Kesoram Industries, whose heritage has been going on since 1919, was active in cement business under ‘Birla Shakti Cement’ and ‘Vasavadatta Cement’ brand names. In March this year, the company’s cement business was acquired by UltraTech Cement Limited. After deciding, Kesoram is now mainly focused on his rayon, transparent paper (TP), which is focused on his rayon, transparent paper (TP) and The ‘Kesoram Ryan’ is performed under the brand. The company at Kolkata started its journey from the cotton textile industry and later also expanded the field of rayan, cement, tires and chemicals. After the separation of the Cement Department, Kesoram’s goal is to strengthen and strengthen its position in Ryan and its associated businesses.