Promact Impex Reports Q1 Loss of Rs 14.53 Lakh Amid Revenue Decline
Promact Impex Limited reported a net loss of Rs 14.53 lakh for Q1, slightly better than the Rs 15.25 lakh loss in the same quarter last year. Revenue from operations dropped significantly to Rs 7.46 lakh from Rs 91.43 lakh in the previous quarter. Total expenses were Rs 22.00 lakh, with finance costs being the largest component at Rs 12.42 lakh. The company's EPS was negative Rs 0.22 for the quarter. The Board of Directors approved these unaudited financial results on August 11.