 "HeidelbergCement India Q2 net profit doubles to Rs 33 crore")
The company had posted a net profit of Rs 16.5 crore during the same period previous fiscal, HeidelbergCement India said in a regulatory filing.
Net sales during the quarter under review declined 6.64 per cent to Rs 419.9 crore as against Rs 449.8 crore in the year ago period.
Also Read
The company said markets continued to remain soft in general.
"Primary factors at play being monsoon and shortage of sand/aggregates in ket markets of Uttar Pradesh and Bihar," it added.
The stock was trading 19.98 per cent up at Rs 156.40 on BSE.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app