Kesoram Industries Limited — Important, 18-10-2024: Financial Result Updates

Kesoram Industries Limited reported its unaudited financial results for the quarter and half year ending September 30, 2024. The company faced significant losses, reporting a net loss from continuing operations of ₹66.03 crore and a total consolidated loss of ₹87.49 crore. The cement business has been classified as discontinued following the recent approval for a demerger with UltraTech Cement. The Board's decisions and the financial outcomes have been reviewed by statutory auditors.