Murudeshwar Ceramics suffers net loss of Rs 11 cr for Q1Fy21

New Delhi: Murudeshwar Ceramics Ltd suffered net loss of Rs 11 crore for the first quarter of the current fiscal as compared to a net profit of Rs 0.7 crore in the corresponding quarter of the previous fiscal.

The revenues from operations fell 66 percent to Rs 8 crore for the first quarter of the current fiscal as compared to Rs 25 crore in the corresponding quarter of the previous fiscal. 

The total expenses of the company declined to Rs 20 crore for the first quarter of the current fiscal as compared to Rs 24 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.

 

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