//Indo Rama Synthetics – Net Revenue in Q4 FY19 is at Rs. 437.43 crore

Indo Rama Synthetics – Net Revenue in Q4 FY19 is at Rs. 437.43 crore

Indo Rama Synthetics (India) Limited, India’s largest dedicated polyester manufacturer, today announced its audited results for the quarter and financial year ended March 31, 2019.

For the quarter ended March 31, 2019, the Company’s net revenue stood at Rs.437.43 crore as against Rs.521.08 crore of Q4 of the previous year. The Operational EBIDTA for the period stood at Rs.(85.81) crore as compared to Rs.8.84 crore in the corresponding quarter in the previous year. The net loss for the quarter ended March 31, 2019 is Rs.169.33 crore as compare to Rs.30.29 crore in the corresponding quarter in the previous year. The loss for the quarter includes exceptional loss of Rs. 115.19 crore.