India Cements' Q2 net loss at Rs113 crore

7 Nov 2022 , 02:07 PM

For the second quarter that ended in September 2022, India Cements Ltd. recorded a consolidated net loss of Rs113.26 crore. According to a regulatory filing by India Cements, the business reported a net profit of Rs29.75 crore for the quarter from July to September of the previous fiscal year.

The company’s operating revenue increased by 7.46% to Rs1,327.06 crore in the second quarter of this fiscal year. A year ago, the same was worth Rs1,234.85 crore. The company’s overall costs were Rs1,528.01 crore, up 27.16 % from Rs1,201.61 crore in the same quarter last year. India Cements shares were up 1.02 % from the previous close, trading at Rs248.50 a share on the BSE.

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