Orient Cement Q1 net profit declines to Rs 37.03 crore – ET Infra

NEW DELHI: C K Birla group firm Orient Cement Ltd on Tuesday reported a marginal decline in its net profit at Rs 37.03 crore in the June quarter. It had posted a net profit of Rs 37.41 crore in the April-June quarter a year ago, Orient Cement said in a regulatory filing.

Its revenue from operation was up 15.58 per cent at Rs 825.17 crore during the quarter under review as against Rs 713.93 crore in the year-ago period.

Orient Cement’s total expenses were at Rs 772.39 crore in Q1 of FY2023-24, up 17.73 per cent.

In the June quarter, the company’s total income was up 16 per cent at Rs 829.60 crore.

Shares of Orient Cement Ltd on Tuesday settled 2.18 per cent lower at Rs 143.85 apiece on the BSE.

  • Published On Aug 2, 2023 at 12:19 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Get updates on your preferred social platform

Follow us for the latest news, insider access to events and more.

Source link

Leave a Comment

Your email address will not be published. Required fields are marked *

Open chat
How May I Help You.
Scan the code
Vishwakarma Guru Construction
Hello Sir/Ma'am, Please Share Your Query.
Call Support: 8002220666
Email: Info@vishwakarmaguru.com