Ludlow Jute & Specialities Reports Loss of ₹4.49 Crore for Quarter Ended June 30 Aug 13, 2025
Ludlow Jute & Specialities has reported a net loss of ₹4.49 crore for the quarter ended June 30, compared to a loss of ₹6.48 crore in the same quarter last year. The company's revenue declined significantly to ₹13.03 crore from ₹74.58 crore in the previous year quarter. Total expenses stood at ₹106.82 crore against a total income of ₹13.13 crore, resulting in a loss before tax of ₹93.69 crore. The company has changed the useful life of certain plant and machinery from 13 years to 30 years, decreasing depreciation expense by ₹135.74 lakhs and increasing net profit after tax by ₹101.58 lakhs for the quarter.
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