Risa International Reports Standalone Net Loss in June 2024 Quarter
Sunday, 11 August 2024, 23:46
Overview of Risa International's Financial Performance
In the quarter ending June 2024, Risa International reported a standalone net loss of Rs 0.12 crore. This marks an increase from their previous net loss of Rs 0.07 crore in June 2023.
Sales Performance
Notably, Risa International reported no sales during this quarter, highlighting challenges in revenue generation.
Conclusion
- This ongoing trend of increasing net loss raises concerns about the company's operational strategies.
- Investors and stakeholders will be keen to see how Risa International plans to address these issues in future quarters.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.