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Heidelberg Cement reports net loss of Rs 28.35 crore in Q3

17 Oct 2013 Evaluate

Heidelberg Cement India has reported results for the third quarter ended September 30, 2013.

The company has reported a net loss of Rs 28.35 crore for the quarter as compared to a net profit of Rs 7.51 crore for the same quarter in the previous year. Total income of the company has increased by 17.72% at Rs 301.75 crore for quarter under review as compared to Rs 256.32 crore for the quarter ended September 30, 2012.

Heidelberg Cement India is one of the leading producers of building materials worldwide. The company manufactures portland slag cement and portland pozzolana cement. The company has manufacturing facilities located at Ammasandra (Karnataka), Damoh (MP) and Jhansi (UP) and has total production capacity of 5.9 million tonnes per annum.

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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