Kolkata, Nov 9 (PTI) B K Birla Group flagship company Kesoram Industries on Tuesday reported a consolidated loss of Rs 12 crore in the second quarter of the current fiscal on account of high interest cost and other expenses.

Also Read | Poco M4 Pro 5G Launched Globally; Check Prices, Features, Variants & Specifications.

The Kolkata-headquartered company posted a net profit of Rs 6 crore in the year-ago period.

Also Read | Black Friday Sale 2021: Early Deals on iPhone 12, Galaxy Z Fold3, Pixel 6 & More.

The revenue from operation during the July-September quarter was at Rs 842 crore, up from Rs 649 crore in the corresponding period last year, the company said in a regulatory filing.

Consolidated interest cost during the period under review was Rs 128 crore as against Rs 77 crore in the September quarter of the 2020-21 fiscal.

The total expenses was at Rs 864 crore as compared to Rs 662 crore in the year-ago period.

The company said its earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at Rs 339 crore in the April-September period of the current fiscal as against Rs 234 crore in the first half of FY21.

It sold 3.47 million tonnes of cement during the current half-year, up from 2.20 million tonnes in the corresponding period last year.

(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)