Editor
Chennai-based cement sector major India Cements Ltd posted a net loss of Rs 85.54 crore during the second quarter of the financial year 2023, as compared to Rs 121.1 crore in the same quarter last year.
The revenue from operations for Q2 FY23 was seen at Rs 1,264.39 crore, compared to Rs 1,327.06 crore year-on-year (Y-o-Y), registering a fall of 4.72 per cent. “Despite the continuous reduction in variable cost, the drop in net plant…
