Logistics firm Shiprocket reports Rs 595 crore net loss in FY24
Logistics and supply chain company Shiprocket has reported Rs 595 crore net loss in the fiscal 2024, a 75 per cent increase from Rs 340 crore loss in FY23.
In a not so entertaining news to its shareholders, Zee Entertainment Enterprises Ltd (ZEEL) Wednesday said it closed the first quarter of FY24 with a net loss of Rs 14.15 crore.
In a regulatory filing, the ZEEL said during the first quarter of FY24, it had registered a operational revenue of Rs 1,832.35 crore (against Q1FY23’s Rs 1,663.24 crore) and a net loss of Rs 14.15 crore (net profit Rs 248.87 crore).
During the quarter under review, the company’s expenses went up to Rs 1,758.82 crore, up from Rs1,458.24 crore spent during the previous year corresponding period.
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