KIOCL announced that the pellet plant unit of the company situated at Mangalore has resumed its operation with effect from 29 May 2024. Powered by Capital Market - Live News

Net loss of KIOCL reported to Rs 42.91 crore in the quarter ended March 2024 as against net profit of Rs 82.21 crore during the previous quarter ended March 2023. Sales declined 49.35% to Rs 372.10 crore in the quarter ended March 2024 as against Rs 734.66 crore during the previous quarter ended March 2023.For the full year,net loss reported to Rs 83.31 crore in the year ended March 2024 as against net loss of Rs 97.67 crore during the previous year ended March 2023. Sales rose 20.14% to Rs 1854.07 crore in the year ended March 2024 as against Rs 1543.21 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales372.10734.66 -49 1854.071543.21 20 OPM %-6.836.34 --3.91-10.64 - PBDT-13.8861.53 PL -36.28-97.51 63 PBT-21.0657.61 PL -63.70-122.76 48 NP-42.9182.21 PL -83.31-97.67 15 Powered by Capital Market - Live News

KIOCL will hold a meeting of the Board of Directors of the Company on 29 May 2024Powered by Capital Market - Live News

KIOCL announced that as a part of upgradation of the existing filtration system to achieve desired moisture in filter cake for pellet feed from iron ore having high alumina & slime, the Company have installed 4 No`s of Vertical Pressure Filters in Pellet Plant Unit. The capacity of each filter is 100 Tons/hr. The filters are under operation now. The performance guarantee test has been started from 18 March 2024 to ensure the desired parameters.Powered by Capital Market - Live News

KIOCL announced that Brickwork Ratings India has reaffirmed credit rating on company`s bank facilities aggregating Rs 1608 crore at BWR A+; Negative / BWR A1+. Powered by Capital Market - Live News