Somany Ceramics suffers net loss of Rs 26 cr for Q1FY21

New Delhi: Somany Ceramics Ltd suffered a consolidated net loss of Rs 26 crore for the first quarter of the current fiscal as compared to a net profit of Rs 7 crore in the corresponding quarter of the previous fiscal.

The consolidated revenues from operations fell 57 percent to Rs 169 crore for the first quarter of the current fiscal as compared to Rs 392 crore in the corresponding quarter of the previous fiscal. 

The consolidated total expenses of the company declined to Rs 207 crore for the first quarter of the current fiscal as compared to Rs 388 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.

 

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