 "Cement industry, cement")
India Cements has posted a profit before tax of Rs 4.42 crore during the quarter ended September as compared to a loss of Rs 3.88 crore during same quarter a year ago. The total income declined 11.14 per cent to Rs 1275.44 crore as against Rs 1435.39 crore during same period a year ago.
The performance was impacted by the fall in sales due to subdued demand in Andhra Pradesh and Telangana. The company reduced the cost of power, materials and improved realisation, which helped marginal improvement in operating performance.
N Srinivasan,vice- chairman and MD, India Cements said that during
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