Latest news with #KIOCL
Business Standard
29-05-2025
- Business
- Business Standard
KIOCL reports standalone net loss of Rs 36.86 crore in the March 2025 quarter
Sales decline 33.70% to Rs 246.71 crore Net Loss of KIOCL reported to Rs 36.86 crore in the quarter ended March 2025 as against net loss of Rs 42.91 crore during the previous quarter ended March 2024. Sales declined 33.70% to Rs 246.71 crore in the quarter ended March 2025 as against Rs 372.10 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 204.58 crore in the year ended March 2025 as against net loss of Rs 83.31 crore during the previous year ended March 2024. Sales declined 68.15% to Rs 590.46 crore in the year ended March 2025 as against Rs 1854.07 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 246.71372.10 -34 590.461854.07 -68 OPM % -16.54-6.83 - -33.94-3.91 - PBDT -28.69-13.88 -107 -165.56-36.28 -356 PBT -39.50-21.06 -88 -205.07-63.70 -222 NP -36.86-42.91 14 -204.58-83.31 -146
Reuters
11-03-2025
- Business
- Reuters
India steel minister says no decision on KIOCL, NMDC merger
NEW DELHI, March 11 (Reuters) - India has not taken any decision to merge KIOCL ( opens new tab and NMDC ( opens new tab, junior Steel Minister Bhupathiraju Srinivasa Varma said in a written response in parliament on Tuesday. The steel ministry had proposed a merger of the miners in January, but the divestment department informed that "there is no such decision" at present, Varma said. Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here.
