India’s KIOCL sees lower net loss in Q1 FY 2025-26

Thursday, 14 August 2025 09:54:47 (GMT+3)   |   Kolkata

Indian government-run iron ore pellet producer KIOCL Limited notched up a consolidated loss of INR 377.90 million ($4.32 million) in the first quarter (April-June) of the fiscal year 2025-26, lower than the net loss of INR 507.20 million ($5.80 million) in the corresponding quarter of the previous fiscal year, according to a company regulatory filing on Thursday, August 14.

The company reported total sales of INR 909.20 million ($10.39 million) in the given period, a decline of 38.30 percent year on year.

AjoyDas
Ajoy Das
Editor

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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