Tag: India cements profit

India Cements posts highest ever loss in Q2 of ₹138 crore

India Cements posts highest ever loss in Q2 of ₹138 crore

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The India Cements Ltd (ICL) has posted its highest-ever loss of ₹137.58 crore for the second quarter ended September against a profit of ₹22 crore in the year-earlier period following rising input costs “Coal prices shot up from $60 to $300 per ton last quarter affecting cost of production directly, while the variable cost rose […]

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India Cements Q1 net doubles to ₹76 crore

India Cements Q1 net doubles to ₹76 crore

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The India Cements Ltd. reported standalone net profit for the first quarter more than doubled to ₹76 crore over the year-earlier period. Revenue from operations rose by 41% to ₹1,446 crore and total expenditure by 57% to ₹1,526 crore. Total comprehensive income more than doubled to ₹80 crore, the company said in a filing. “The […]

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