India Cements Q2 result: Loss widens to Rs 339 cr, revenue falls 18%

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India Cements Q2 result: Loss widens to Rs 339 cr, revenue falls 18% - Business Standard

Quick Summary:

It had incurred a loss of Rs 80.07 crore in the July-September period a year ago, according to a BSE filing from ICL, in which rival Aditya Birla group firm UltraTech Cement has announced to acquire a majority stake.

The India Cements Ltd (ICL) on Friday reported widening of consolidated net loss to Rs 339.13 crore for the second quarter ended September 2024.

Total income, which includes other income, in the September quarter was down 6.41 per cent to Rs 1,190.75 crore.