Lohia Corp posts nearly fourfold rise in Q1 PAT to Rs 66 crore
Mumbai, Aug. 20 -- Revenue from operations increased by 60% year-on-year (YoY) to Rs 503 crore during the period under review.
Total expenses rose by 42% to Rs 418.3 crore in Q1 FY27 over Q1 FY26. This was primarily due to higher raw material costs (up 65.5% YoY), higher employee expenses (up 12.7% YoY) and higher other expenses (up 31.1% YoY).
Profit before tax in Q1 FY27 stood at Rs 91.3 crore, up by 289% from Rs 23.5 crore in Q1 FY26. Total tax outgo for the June'26 quarter was Rs 25 crore, up 278.8% YoY.
Lohia Corp is a part of the Lohia group. The company manufactures complete range of machines for producing high-density polyethylene/polypropylene (HDPE/PP) bags. These machines include extrusion lines, winders, circular looms, pro...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.