Borosil renewables records Q1 net loss of Rs 11.53 crore
Borosil Renewables posts net loss of Rs 11.53 crore in Q1 Borosil Renewables Ltd disclosed a net loss of Rs 11.53 crore for the quarter concluding on June 30, citing escalated expenditures as the driving factor behind this downturn. This stands in stark contrast to the preceding April-June period of the 2022-23 fiscal year, during which the company had generated a net profit of Rs 30.10 crore, as outlined in an official submission.
Borosil Renewables, Image Credit: ANI