Indian government-run iron ore pellet producer KIOCL Limited reported a net loss of INR 368.60 million ($4.30 million) in the fourth quarter (January-March) of the fiscal year 2024-25, lower than INR 429.10 million ($5.01 million) in the corresponding quarter of the previous fiscal year, according to a regulatory filing of the company on Thursday, May 29.
However, for the full fiscal year of 2024-25, KIOCL Limited’s net loss increased to INR 2.04 billion ($23.90 million), higher than the net loss of INR 833.10 million ($9.73 million) in the previous fiscal year.