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Andhra Cements Q1 net loss at Rs 36.94 cr

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Press Trust of India New Delhi

Andhra Cements Ltd on Tuesday reported a higher net loss of Rs 36.94 crore for the quarter ending June compare to that of Rs 31.34 crore in April-June 2018.

The company's total income was down 55.80 per cent during the quarter under review to Rs 41.21 crore as against Rs 93.24 crore in the corresponding quarter a year ago, Andhra Cements said in a BSE filing.

Total expenses were at Rs 78.29 crore as against Rs 124.74 crore, down 37.23 per cent.

Shares of Andhra Cements Ltd on Tuesday settled at Rs 2.67 on BSE, down 4.98 per cent from the previous close.

 

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First Published: Jul 30 2019 | 4:40 PM IST

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