BASF India on Thursday reported widening of its net loss to Rs 29.15 crore in the first quarter of current fiscal due to higher expenses.
The company had posted a net loss of Rs 8.2 crore in the same quarter of previous fiscal, it said in a regulatory filing.
Net revenue rose to Rs 1,769.7 crore in April-June quarter of fiscal year 2020-21 from Rs 1,613.7 crore in the corresponding quarter a year ago.
Expenses increased to Rs 1,809.4 crore in the quarter under review from Rs 1,601.6 crore in the year-ago period.
The company said its operations were impacted