Kojam Fininvest Ltd suffers Rs 3.6 cr losses in Q1

Mumbai, July 27 (UNI) Kojam Fininvest Limited (Kojam) suffered a loss of Rs 3.6 crore in its first quarter ended June 30.

Though gross profit increased by 13.3 per cent to Rs 100.8 crores, the bottom line was adversely affected by high interest and depreciation costs and losses in US-based operations, a company statement said here today.

UNI