Siyaram Silk Mills posts Rs 67.33 cr loss in Q1

Siyaram Silk Mills has posted a net loss of Rs 67.33 crore in the first quarter that ended June 30, 2020 as against net profit of Rs.9.98 crore during the quarter ended March 31, 2020. Total income for the quarter was Rs.45.61 crore as compared to Rs 332.46 crore income reported in the March quarter.

On a yearly basis, Siyaram Silk Mills posted net loss of Rs 67.33 crore for the period ended June 2020 as against net profit of 23.33 crore for the period ended June 30, 2019. It reported total income of Rs.45.61 crore during the period ended June 30, 2020 as compared to Rs.482.55 crore during the period ended June 30, 2019.

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