India Cements Q2 results: Net loss at Rs 113.26 cr; revenue up 7% at Rs 1,327 cr

India Cements Q2 results: Net loss at Rs 113.26 cr; revenue up 7% at Rs 1,327 cr
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The company's total expenses were at Rs 1,528.01 crore, up 27.16 per cent in the September quarter of FY23, as against Rs 1,201.61 crore a year ago.Shares of India Cements were trading at Rs 248.50 on BSE, up 1.02 per cent from the previous close.

Agencies
on Monday reported a consolidated net loss of Rs 113.26 crore for the second quarter ended September 2022. The company had posted a net profit of Rs 29.75 crore during the July-September quarter of the previous fiscal, India Cements said in a regulatory filing.

Its revenue from operations was up 7.46 per cent to Rs 1,327.06 crore in the second quarter of this fiscal. The same stood at Rs 1,234.85 crore a year ago.

The company's total expenses were at Rs 1,528.01 crore, up 27.16 per cent in the September quarter of FY23, as against Rs 1,201.61 crore a year ago.

Shares of India Cements were trading at Rs 248.50 on BSE, up 1.02 per cent from the previous close.

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