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Heidelberg Cement India reports 88% fall in Q2 net profit

18 Oct 2022 Evaluate

Heidelberg Cement India has reported results for second quarter ended September 30, 2022.

The company has reported fall of 88.23% in its net profit at Rs 7.01 crore for Q2FY23 as compared to Rs 59.56 crore for the corresponding quarter previous year. Total income of the company decreased by 12.40% to Rs 517.10 crore for the quarter under review as compared to Rs 590.33 crore for the same quarter in the previous year.
 
Heidelberg Cement India is engaged in the manufacturing and selling of cement.

Peers
Company Name CMP
Ultratech Cement 10928.00
Ambuja Cements 362.90
ACC 1186.95
Shree Cement 22455.20
Dalmia Bharat 1683.85
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