(Reuters) – India Cements reported a wider adjusted loss in the first quarter on Monday, hurt by irregular monsoon and high raw material costs. The company reported a loss before exceptional items and tax at 989.1 million rupees ($11.96 million), from 720.1 million rupees loss a year ago. Revenue from operations fell… Continue reading India Cements posts wider Q1 adjusted loss as raw material costs weigh
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Burger King’s India operator posts wider Q1 loss on back of higher costs
Total expenses increased over 21 per cent to Rs 672 crore, with cost of materials consumed climbing 26 per cent due to rising costs of ingredients including cheese and vegetables Restaurant Brands Asia on Monday reported a steeper first-quarter loss, as Burger King’s India operator incurred higher raw material expenses while also spending heavily… Continue reading Burger King’s India operator posts wider Q1 loss on back of higher costs