INDIA CEMENTS NET FALLS 79%

India Cements reported a 79.46 per cent decrease in its standalone net profit at Rs 3.13 crore. The company reported a net sales of Rs 15.24 crore.

In a regulatory filing, the company said its total income was up 8.53 per cent at Rs 1,320.57 crore as against Rs 1,216.75 crore. India Cements’ total expenses stood at Rs 1,317.44 crore as against Rs 1,201.51 crore, up 9.64 per cent. Shares of India Cements closed at Rs 77.15, down 3.74 per cent.