Kajaria Ceramics suffers net loss of Rs 32 cr for Q1FY21

New Delhi: Kajaria Ceramics Ltd suffered a consolidated net loss of Rs 32 crore for the first quarter of the current fiscal as compared to a net profit of Rs 50 crore in the corresponding quarter of the previous fiscal.

The consldated revenues from operations fell 60 percent to Rs 277 crore for the first quarter of the current fiscal as compared to Rs 699 crore in the corresponding quarter of the previous fiscal.

The total expenses of the company fell to Rs 313 crore for the first quarter of the current fiscal as compared to Rs 624 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s factories operated at 26 percent capacity utilization in June. The same went up to 78 percent in July. The company registered sales from tiles segment of Rs 257 crore in the latest quarter. 

 

menu
menu