New Delhi, May 20 (PTI) JK Agri Genetics on Monday said it has posted a net loss of Rs 8.73 crore for the fourth quarter of the 2023-24 fiscal on higher expenses.

The company's net loss widened from Rs 6.50 crore reported in the same quarter of the previous year.

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During the January-March quarter, total income rose to Rs 40.35 crore from Rs 23.93 crore a year ago.

However, expenses remained higher at Rs 52.94 crore compared to Rs 33.10 crore in the said period.

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For the full fiscal 2023-24, the company's net loss widened to Rs 20.82 crore as against Rs 10.79 crore in the previous fiscal.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)