India Cements Books 7.46 Surge In Q2 Revenue To Rs 1,327 Cr
During the previous fiscal, the company had posted a net profit of Rs 29.75 crore in the July-September quarter. Its revenue from operations went up by 7.46 per cent to Rs 1,327.06 crore and total expenses were recorded at Rs 1,528.01 crore, up by 27.16 per cent, during the second quarter this year
India Cements Ltd on 7 November recorded a consolidated net loss of Rs 113.26 crore for the second quarter ending September 2022.
During the previous fiscal, the company had posted a net profit of Rs 29.75 crore in the July-September quarter, said India Cements in a regulatory filing.
Its revenue from operations went up by 7.46 per cent to Rs 1,327.06 crore during the second quarter this year. The same stood at Rs 1,234.85 crore a year ago.
The company’s total expenses were recorded at Rs 1,528.01 crore, up by 27.16 per cent during the September quarter of FY23 in comparison with Rs 1,201.61 crore from last year.
The Shares of India Cements were traded at Rs 248.50 on Bombay Stock Exchange, up by 1.02 per cent from the previous close.