Textiles maker Sintex Industries on Monday reported widening of consolidated web loss to Rs 277.93 crore for September quarter 2022-23.
The corporate had incurred a web lack of Rs 181.92 crore throughout July-September interval a 12 months in the past, Sintex Industries stated in a regulatory submitting.
Income from operations was up at Rs 692.16 crore from Rs 614.87 crore within the year-ago interval.
Whole bills have been at Rs 1,003.92 crore, larger by 23.03 per cent from the year-ago quarter.
Sintex Industries goes by means of an insolvency decision course of. Its lenders have accredited the decision plan (RP) submitted by Reliance Industries collectively with Property Care & Reconstruction Enterprise on March 19, 2022.
The interim decision skilled (IRP) has submitted the RP earlier than the Ahmedabad bench of the Nationwide Firm Legislation Tribunal (NCLT) for its approval.
“As on date, approval of the decision plan is pending earlier than NCLT Ahmedabad,” Sintex Industries stated.
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