Comments
Cochin Minerals and Rutile Ltd.’s shares went down by 10.67 per cent after the company reported a 73 per cent decrease in profit for the quarter ended June 30, 2023, at ₹2.26 crore compared to ₹8.43 crore during the corresponding quarter last year.
The company’s revenues were down by 32 per cent to ₹66.76 crore. Sequentially, the company’s profits were lower by 82 per cent compared to ₹12.99 crore in the previous quarter.
The shares went down by 10.67 per cent to ₹242.85 at 10.21 am on BSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.