India Cements Q2 profit down

The cement major, India Cements is likely to report 71 percent fall in its July-September quarter net profit at Rs 18 crore, YoY. Revenue of the company is expected to increase 2 percent at Rs 1340 crore, according to average of estimates of analysts polled by CNBC-TV18. The operating profit m

BY admin
Published - Thursday, 09 Nov, 2017

The cement major, India Cements is likely to report 71 percent fall in its July-September quarter net profit at Rs 18 crore, YoY. Revenue of the company is expected to increase 2 percent at Rs 1340 crore, according to average of estimates of analysts polled by CNBC-TV18. The operating profit may slip 26 percent at Rs 170 crore and margins are seen at 12.7 percent.