Leading edible oil maker KS Oils reported a standalone net loss of Rs 171.30 crore in the second quarter of this fiscal due to poor sales.
The company had clocked a net loss of Rs 156.40 crore in the same period last year, it said in a filing to the BSE.
Net sales declined by 44 percent to Rs 328.37 crore in the second quarter of the current financial year, from Rs 586.31 crore in the same period last year.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
