On the yearly basis, the company's net profit grew to Rs 637.54 crore against Rs 478.83 crore, up 33.15 per cent.
Rising input costs and inability of the industry to increase the costs of cement dent the profit figures of the company.
On the Bombay Stock Exchange, the company's shares traded at Rs 137, down 6.58 per cent at IST 1433.
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