BKM Industries Limited announced its consolidated financial results for the quarter ended September 30, 2022, reporting a total income of ₹0.15 Crores, which reflects a significant 200.00% increase from the ₹0.05 Crores earned in the previous quarter ending June 30, 2022. However, compared to the corresponding quarter of the previous year (September 30, 2021), the income saw a sharp decline of 88.00% from ₹1.25 Crores. The company reported a net loss of ₹0.87 Crores for the current quarter, representing a 14.47% increase in loss from the ₹0.76 Crores loss in the preceding quarter. This current loss also marks a substantial increase compared to the ₹0.12 Crores loss reported in the same quarter last year.
| Metric | Current Quarter (Sept 2022) | Previous Quarter (June 2022) | % Change (QoQ) | Year Ago Quarter (Sept 2021) | % Change (YoY) |
| Total Income | ₹0.15 Crores | ₹0.05 Crores | 200.00% Increase | ₹1.25 Crores | 88.00% Decrease |
| Net Profit/(Loss) | (₹0.87) Crores | (₹0.76) Crores | 14.47% Increase in Loss | (₹0.12) Crores | 625.00% Increase in Loss |
BKM Industries Limited, formerly known as Manaksia Industries Limited, is an India-based company primarily engaged in the manufacturing of metal packaging products, including Roll on Pilfer Proof (ROPP) closures and Crown closures for the liquor, pharmaceutical, and soft drink sectors. The company has been undergoing a Corporate Insolvency Resolution Process (CIRP), and these delayed financial results were declared in accordance with the implementation of the Resolution Plan approved by the National Company Law Tribunal (NCLT).
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