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The India Cements reports over 8-fold jump in Q3 consolidated net profit

03 Feb 2023 Evaluate

The India Cements has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported many fold jump in its net profit at Rs 90.73 crore for Q3FY23 as compared to Rs 3.30 crore for the corresponding quarter previous year. Total income of the company increased by 9.80% to Rs 1223.40 crore for the quarter under review as compared to Rs 1114.22 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported over 8-fold jump in its net profit at Rs 111.22 crore for Q3FY23 as compared to Rs 12.98 crore for the same quarter in the previous year. Total income of the company increased by 10.63% to Rs 1292.26 crore for the quarter under review as compared to Rs 1168.12 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
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