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31/05/2025 12:14

Kanco Tea & Industri posts Q4 net loss of Rs 9.82 cr

The company reported standalone net loss during the quarter stood at Rs 9.82 crore as compared to net loss of Rs 9.31 crore in the previous year quarter.

Net revenue of the company rose substantially by 32.20 per cent at Rs 4.27 crore in January-March quarter of this fiscal as against Rs 3.23 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 21.27 per cent to Rs 16.59 crore from Rs 13.68 crore in year ago period.

Other Income grew by 133.54 per cent at Rs 3.76 crore versus (Mar'24 Rs 1.61 crore).

Operating Profit surged by 17.89 per cent to Rs -12.32 crore as against Rs -10.45 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 10.82 per cent in March quarter.

Interest grew by 258.82 per cent y-o-y to Rs 0.27 crore, while Taxation increased by 3600.00 per cent at Rs 0.37 crore (Mar'24 Rs 0.01 crore).