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Tuesday, 7 November 2017

Indo Rama Synthetics Ltd announces Q2 results



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Indo Rama Synthetics (India) Limited, the largest Manufacturer of polyester fibre, yarn & polyester chips in India, today announced its unaudited results for the quarter ended Sept 30, 2017. For the quarter ended Sept 30, 2017, the Company achieved net revenue of Rs.618.01 cr versus Rs.593.44 cr in the previous quarter, an increase of Rs.24.57 cr, over previous quarter. The operational EBIDTA for the quarter was Rs.17.21 cr as compared to Rs.5.75 cr in the corresponding quarter of last year. The Company has reported a net loss of Rs.17.67 cr during the quarter ended Sept 30, 2017 as compared to net loss of Rs.14.69 cr in corresponding quarter, last year.
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