Kanel Industries said its net loss for the quarter ended June 2014 has widened to Rs 0.62. It reported a net loss of Rs 0.01 million in the same quarter previous year. The company has reported Rs 12.08 million net sales during the quarter.
Kanel Industries manufactures, sells, trades in, and exports edible/non edible oil, oil cakes, de-oiled cakes, and other agricultural products. The company offers various grades of castor oil, including premium refined castor oil, refined castor oil, castor oil, and pharma grade castor oil, as well as castor meal. Kanel Industries Ltd was incorporated in 1992 and is based in Ahmedabad, India.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 12.08 | NA | |
| Net Profit | (0.62) | (0.01) | - |
| Basic EPS | NA | NA | |
Shares of the company declined Rs 0.57, or 4.95%, to trade at Rs 10.95. The total volume of shares traded was 16,856 at the BSE (3.28 p.m., Thursday).
