MoneyWorks4Me

The India Cements reports consolidated net loss of Rs 121.10 crore for Q2FY23

07 Nov 2022 Evaluate

The India Cements reported results for second quarter ended September 30, 2022.

The company has reported net loss of Rs 137.58 crore for Q2FY23 as compared to net profit of Rs 21.97 crore for the corresponding quarter previous year. However, total income of the company increased by 5.46% to Rs 1258.52 crore for the quarter under review as compared to Rs 1193.35 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported net loss of Rs 121.10 crore for Q2FY23 as compared to net profit of Rs 32.53 crore for the same quarter in the previous year. However, total income of the company increased by 7.75% to Rs 1337.70 crore for the quarter under review as compared to Rs 1241.44 crore for the same quarter in the previous year.

Peers
Company Name CMP
Ultratech Cement 10799.00
Ambuja Cements 363.00
ACC 1182.20
Shree Cement 21850.00
Dalmia Bharat 1689.25
View more..