X

Mangalam Cement Ltd Q1FY24; 46% fall in Profits

Mangalam Cement Limited, incorporated in 1976, is engaged in the manufacturing of Cement in India and is a professionally run company, managed by Smt. Vidula Jalan of the B.K. Birla group. The Co. has its own manufacturing plants in Morak (Rajasthan) and Aligarh (Uttar Pradesh). The company markets and sells its product under the brand name of Birla Uttam Cement.

Financial Results:

Mangalam Cement Ltd reported Revenues for Q1FY24 of ₹421.00 Crores down from ₹514.00 Crore year on year, a fall of 18.09%.

Total Expenses for Q1FY24 of ₹403.00 Crores down from ₹475.00 Crores year on year, a fall of 15.16%.

Consolidated Net Profit of ₹15.00 Crores down 46.43% from ₹28.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.34, down 47.75% from ₹10.22 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: cement
Related Post