India Cements Q2 net profit at Rs 70 cr

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India Cements Q2 net profit at Rs 70 cr

India Cements has declared its July-September quarter results. The company's Q2 net profit was at Rs 70 crore versus loss of Rs 33.6 crore, year-on-year, YoY.

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India Cements has declared its July-September quarter results. The company's Q2 net profit was at Rs 70 crore versus loss of Rs 33.6 crore, year-on-year, YoY.

Its total sales were up at Rs 1,089.1 crore versus Rs 841.2 crore, YoY.

Its net sales were up 29% at Rs 1089.10 crore versus Rs.841.2 crore.

The mornings EBITDA was up 8.4 times at Rs.254.5 crore vs Rs.30.3 crore

EBITDA margins at 23.4% vs 3.6% ((est at 22.3%))

Total Expenditure up 3% at Rs 899.7 crore versus Rs 873.5 crore.

Ø       Employee cost up 16% at Rs 70.2 crore versus Rs.60.3 crore

Ø       Power and Fuel up 4% at Rs.271.5 crore versus Rs.261.7 crore.