India Cements loss triples to Rs240cr
CHENNAI: India Cements' loss tripled in the Sept quarter to Rs 240 crore against Rs 81.4 crore in the year-ago period. This comes after the company posted a net profit of Rs 57.5 crore in Q1 FY25 following consecutive losses in the five quarters prior.
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Top Comment
Madan Mohan Mohan
34 days ago
Profits of most cement companies have fallen heavily as much as 90% due to fall in demand of cement , same is the case of steel manufacturers . auto companies all this due to high interest rates, inflation etc. this is reflected in drop of share prices of these sector.Read allPost comment
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