Andhra Cements reports standalone net loss of Rs 48.40 crore in the December 2019 quarter

Capital Market 

Sales decline 53.44% to Rs 34.89 crore

Net Loss of Andhra Cements reported to Rs 48.40 crore in the quarter ended December 2019 as against net loss of Rs 79.74 crore during the previous quarter ended December 2018. Sales declined 53.44% to Rs 34.89 crore in the quarter ended December 2019 as against Rs 74.94 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales34.8974.94 -53 OPM %-17.08-0.89 -PBDT-36.43-28.34 -29 PBT-48.40-40.22 -20 NP-48.40-79.74 39

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First Published: Wed, February 12 2020. 16:55 IST