India Cements reports 62% fall in Q2 net profit to Rs. 23.67 crore

India Cements reports 62% fall in Q2 net profit to Rs. 23.67 crore
11/11/2017 , by , in ALLIED

India Cements reported 62.07 per cent fall in its standalone net profit to Rs 23.67 crore for the September quarter of the current fiscal. It had reported a net profit of Rs 62.41 crore in the July-September quarter a year ago, India Cements informed BSE.

Its total income during the quarter under review was reported at Rs. 1,274.90 crore, down 3.01% as against Rs 1,314.44 crore in the corresponding quarter of the last fiscal.

The company’s total expenses in the second quarter of the financial year 2017-18 were up 1.30 per cent at Rs 1,238.70 crore as against Rs 1,222.78 crore in the corresponding period of the previous fiscal.

About admin

Loading...