Borosil Renewables on Wednesday reported a loss of ₹272.34 crore in the June quarter mainly due to provisions of an exceptional item.
The company had reported a loss of ₹3.64 crore in the quarter ended on June 30, 2024, according to a BSE filing.
The company's total income rose to ₹337.78 crore in the quarter from ₹244.39 crore a year ago.
The company has made a provision of an exceptional item of ₹325.90 crore in the quarter under review.
The board approved a preferential issue of up to 70,93,874 equity shares at ₹535 per piece, to raise up to ₹379,52,22,59 on a private placement basis.
The board also approved an extraordinary general meeting of the shareholders on August 14, 2025 to seek approval of the members of the company for the preferential issue.
