Performance of COIRFED-Provisional



Performance of COIRFED-Provisional (Rs in Lakh)

  • Paid-up capital slightly increased from 3829.8 lakh in 2019-20 to 3880.53 lakh in 2023-24.

  • Gross block of assets remained almost stable, increasing marginally to 723.43 lakh by 2023-24.

  • Production and sales fluctuated, with product sales dropping sharply in 2022-23 to 8200 lakh but slightly recovering to 8947.87 lakh in 2023-24.

  • Net loss increased drastically to -720.62 lakh in 2023-24, resulting in accumulated loss reported as 11192 lakh.

  • Workforce increased in 2023-24 to 348, with daily man-days of work remaining around 287.