 "Second quarter earnings, second quarter results")
Within the September quarter, Heidelberg Seamen’s gross sales quantity rose by 16.3 p.c to 1,163 thousand tons in comparison with 999 thousand tons within the corresponding quarter.
HeidelbergCement India Ltd on Monday reported a five-fold improve in its internet revenue at Rs 35.8 crore for the second quarter ended September 30, 2023.
The corporate reported a internet revenue of Rs 7.01 lakh crore within the July-September interval final yr, in response to a regulatory submitting by HeidelbergCement India.
Its complete working earnings rose 11.93 per cent to Rs 566.46 crore in the course of the quarter below evaluate. It was Rs 506.05 crore within the corresponding quarter of the earlier fiscal.
“Revenues had been up 12 per cent pushed by a 16 per cent improve in quantity and partially offset by a 4 per cent decline in costs,” Heidelberg Cements India mentioned.
Within the September quarter, Heidelberg Seamen’s gross sales quantity elevated by 16.3 p.c to 1,163 thousand tons in comparison with 999 thousand tons within the corresponding quarter.
“On a tonne foundation, working prices together with freight fell by 7 per cent primarily resulting from decrease gasoline costs. EBITDA per tonne rose to 598, a rise of 26 per cent.”
HeidelbergCement India’s complete bills within the September quarter stood at Rs 532.47 crore, up 4.96 per cent.
HeidelbergCement’s complete earnings within the September quarter was Rs 580.72 crore, up 12.31 per cent.
Shares of HeidelbergCement India Ltd on Monday settled at Rs 189.25 on the BSE, up 0.45 per cent from the earlier shut.
(Solely the title and picture of this report might have been reworked by Enterprise Commonplace workers; the remainder of the content material is auto-generated from a syndicated feed.)
First revealed: November 6, 2023 | 7:46 pm he
