Borosil Renewables loss widens to Rs 14 crore in Q1
Borosil Renewables reported a widened consolidated net loss of ₹14.23 crore for the June quarter, compared to ₹11.53 crore the previous year. Despite an increase in total income to ₹374.32 crore, the company faced rising expenses, which reached ₹389.64 crore. The financial update highlights ongoing challenges and shifts in the company's fiscal performance
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Borosil Renewables Reports Widened Net Loss of ₹14.23 Crore for June Quarter Amid Rising Expenses; Image | Pixabay
Borosil Renewables' consolidated net loss widened to Rs 14.23 crore in the June quarter of the current fiscal. The company had reported a net loss of Rs 11.53 crore for the June quarter of FY24, as per a filing with the BSE.
Total expenses rose to Rs 389.64 crore in the quarter under review from Rs 369.46 crore in the same period a year ago. Total income also increased to Rs 374.32 crore in the quarter from Rs 362.46 crore a year ago.
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