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Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Company Business News, Indian Companies News, Company Analysis, Corporate Industry News

Buy, Sell, markets, stocks, shares, investments, funds, investors

On the broader market outlook, Vinay Rajani technical & derivative analyst of HDFC Securities expects Nifty to scale a new all-time high soon.

Business Standard

Q2 earnings, Q2

The revenue from operations for Q2FY24 was seen at Rs 1,264.39 crore, compared to Rs 1,327.06 crore year-on-year

India Cements Ltd Q2FY24 result: Net loss at Rs 85 cr; revenue down 4%

The total income for Q2FY24 came in at Rs 1,272.41 crore, compared to Rs 1,337.70 crore year-on-year

cement companies

Its revenue from operations for the quarter under review declined by 5 per cent to Rs 1,437 crore compared to Rs 1,514.4 crore in the corresponding quarter a year ago

q1 results, earnings, companies, india inc, corporate

India Cements Ltd on Monday reported a consolidated net loss of Rs 73.58 crore in the April-June quarter mainly due to reduction in selling price and loss of volume.
The company had posted a net profit of Rs 83.83 crore during the April-June quarter a year ago, India Cements Ltd (ICL) said in a regulatory filing.
Its revenue from operations fell 5.12 per cent to Rs 1,436.74 crore during the period under review as against Rs 1,514.35 crore in the corresponding quarter of previous fiscal.
"The selling price of cement was lower during the quarter under review due to severe competition caused by supply overhang. There was a reduction in variable cost during the quarter on account of softening of fuel prices," ICL said an earnings statement.
The reduction in variable costs was offset by the reduction in realisation resulting in lower margins, it added.
"The lower margins impacted the liquidity severely resulting in lower volume for the quarter. The overall sales volume almost remained

Press Trust of India

cement, construction, infrastructure, realty

Revenue from operations fell about 4% to 1393 crore rupees, while raw materials cost surged 13.2%

Reuters

cement

The broader trend in the cement sector remains optimistic, price action riding along the overall bullish sentiment

News

India Cements, Hindustan Copper can rally up to 17%; here's why

India Cements Q2 results: Net loss of Rs 85.54 cr, revenue falls by 4.72%

India Cements Ltd Q2FY24 result: Net loss at Rs 85 cr; revenue down 4%

India Cements posts net loss of Rs 74 crore in Q1 due to dip in sales

India Cements Q1 net loss at Rs 73.58 cr, revenue dips 5% to Rs 1,436.74 cr

India Cements posts wider Q1 adjusted loss as raw material costs weigh

ACC, Ambuja: 5 cement stocks show rising trend on charts in a choppy market