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Zuari Industries posts net loss of Rs 49 crore in Q1

Its total income increased on a consolidated basis to Rs 272.98 crore during the first quarter of the current fiscal from Rs 267.80 crore a year ago.

August 14, 2023 / 19:21 IST
Zuari Industries is in the business of sugar, power, and ethanol, among other sectors.

Zuari Industries on Monday reported a consolidated net loss of Rs 48.81 crore in the June quarter due to higher expenses. The company had posted a net profit of Rs 25.27 crore in the year-ago period, the company said in a regulatory filing.

Its total income increased on a consolidated basis to Rs 272.98 crore during the first quarter of the current fiscal from Rs 267.80 crore a year ago. Zuari Industries is in the business of sugar, power, and ethanol, among other sectors.

PTI
first published: Aug 14, 2023 07:21 pm

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