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    HomeNewsBusinessEarningsHenkel Q3 net loss at Rs 2.3 cr

    Henkel Q3 net loss at Rs 2.3 cr

    Henkel has reported a net loss of Rs 2.3 crore for the quarter ended December 2010 as against Rs 22.3 crore in same quarter the previous year.

    February 09, 2011 / 11:31 IST
       
       
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      Henkel has reported a net loss of Rs 2.3 crore for the quarter ended December 2010 as against Rs 22.3 crore in same quarter the previous year.

      Revenues are seen going up by 25.4% at Rs 102.3 crore from Rs 81.6 crore (YoY).

      EBITDA margin declined drastically at 2.3% versus 19.7% due to following factors:

      Total expenditure was up by 51.5% at Rs 101.5 crore from Rs 67 crore and consumption of raw material went up by 86% at Rs 28.3 crore versus Rs 15.2 crore (YoY).

      Other expenditure increased 3.74 times at Rs 37.5 crore from Rs 7.9 crore.

      first published: Feb 9, 2011 11:30 am

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