Mangalam Cement Q1 net at Rs 23 crore

Mangalam Cement Q1 net at Rs 23 crore

B K Birla Group company Mangalam Cement has posted a net profit of Rs 22.58 crore for the quarter ended June 30.

It had clocked a net loss of Rs 18.91 crore in the April-June quarter of the last financial year, the company said in a filing to the BSE.

Mangalam Cement's total income from operations increased to Rs 225.17 crore, as against Rs 213.41 crore in the year-ago period.

Its total expenses declined to Rs 186.12 crore over Rs 224.07 crore in the year-ago period.

Related Stories

Indian Cement Review
indiancementreview.com