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Heidelberg Cement India Ltd Q2FY24; 414% rise in Profits

Heidelberg Cement India is the Indian subsidiary of HeidelbergCement Group, Germany. The Company has its operations in Central India at Damoh (Madhya Pradesh), Jhansi (Uttar Pradesh), and in Southern India at Ammasandra (Karnataka).

Financial Results:

  • Heidelberg Cement India Ltd reported Revenues for Q2FY24 of ₹566.00 Crores up from ₹506.00 Crore year on year, a rise of 11.86%.
  • Total Expenses for Q2FY24 of ₹533.00 Crores up from ₹507.00 Crores year on year, a rise of 5.13%.
  • Consolidated Net Profit of ₹36.00 Crores up 414.29% from ₹7.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.58, up 409.68% from ₹0.31 in the same quarter of the previous year.
Tags: cement
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