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Kesoram Industries declines as its consolidated net loss widens to Rs 62 crore in Q1
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Kesoram Industries is currently trading at Rs. 209.70, down by 1.10 points or 0.52% from its previous closing of Rs. 210.80 on the BSE.
The scrip opened at Rs. 209.60 and has touched a high and low of Rs. 211.50 and Rs. 208.10 respectively. So far 17618 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 218.00 on 04-Jul-2024 and a 52 week low of Rs. 62.25 on 12-Jul-2023.
Last one week high and low of the scrip stood at Rs. 215.95 and Rs. 208.00 respectively. The current market cap of the company is Rs. 6508.40 crore.
The promoters holding in the company stood at 43.34%, while Institutions and Non-Institutions held 24.79% and 29.60% respectively.
Kesoram Industries has reported results for first quarter ended June 30, 2024 (Q1FY25).
Kesoram Industries has reported net loss at Rs 44.64 crore for the quarter ended June 30, 2024 as compared to net loss of Rs 7.68 crore for the same quarter in the previous year. Total income of the company decreased by 14.40% at Rs 820.40 crore for Q1FY25 as compared Rs 958.44 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net loss at Rs 62.02 crore for Q1FY25 as compared to net loss of Rs 32.44 crore for the same quarter in the previous year. Total income of the company decreased by 12.13% at Rs 884.03 crore for Q1FY25 as compared Rs 1006.04 crore for the corresponding quarter previous year.
