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India Cements Q3 results: Loss widens to Rs 307 cr on pricing, demand woes

Business Standard LogoBusiness Standard20h ago

India Cements Q3 results: Loss widens to Rs 307 cr on pricing, demand woes - Business Standard

Quick Summary:

The company, owned by UltraTech Cement, said its losses before exceptional items and taxes, for the quarter ended December, widened to Rs 307 cr ($35.5 million), from loss of Rs 50.

UltraTech is set to report its quarterly results later this week.

Cement prices, which had been falling for most of last year, were little changed through the quarter.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 19:46:11 (20 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 332 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25324244

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 285 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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