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(28/05/2025 11:43)

Gujarat Cotex posts Q4 net loss of Rs 0.24 cr

The company reported standalone net loss during the quarter stood at Rs 0.24 crore compared to net profit of Rs 0.01 crore in the previous year quarter.ÿ

Net revenue of the company rose triple digit by 118.26 per cent at Rs 8.01 crore in January-March quarter of this fiscal as against Rs 3.67 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 122.87 per cent to Rs 8.09 crore from Rs 3.63 crore in year ago period.

Operating Profit slipped by 325.00 per cent to Rs -0.09 crore as against Rs 0.04 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 207.69 per cent in March quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore, while Taxation increased by 0.00 per cent at Rs 0.08 crore (Mar'24 Rs 0.00 crore).