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India Cements PBT drops 75% to Rs 26 cr in Q1, income almost halves

Firm says given the current pandemic situation and the plight of the construction industry, the firm's performance can be considered as good

Q1 results: Net profit of 113 firms up 10.8%, sales growth at 10-qtr low
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The company's total income dropped to Rs 760.32 crore from Rs 1,472 crore

T E Narasimhan Chennai
India Cements' profit before tax (PBT) dropped by 75.26 per cent to Rs 26.06 crore during the quarter ended June 30, 2020 from Rs 105.35 crore during the same period last year. The company's total income dropped to Rs 760.32 crore from Rs 1,472 crore. 

N Srinivasan, vice chairman, India Cements said that given the current pandemic situation and the plight of the construction industry, the performance of the company can be considered to be good. 

The company's EBITDA margin was 20 per cent during the quarter, the highest in the last several years. Net Plant Realisation (NPR) was at

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First Published: Jul 27 2020 | 2:47 PM IST

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