 "cements")
Chennai-based cement major India Cements saw a 76 per cent dip in consolidated net profit during the third quarter of the financial year 2021-22 to Rs 16 crore, as compared to Rs 68 crore during the same period last fiscal due to the impact of Covid and the heavy rains in South India on the sector.
The company's revenue from operations too saw a marginal dip of 2 per cent during the quarter to Rs 1,160 crore, as compared to Rs 1,185 crore during the Q3 of 2020-21. "There were challenges like Omicorn and also flood in South India. We were
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