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Orient Cement Ltd Q2FY24; 17% rise in Revenue

Orient Cement Ltd is primarily engaged in the manufacture and sale of Cement and its manufacturing facilities at present are located at Devapur in Telangana, Chittapur in Karnataka and Jalgaon in Maharashtra.

Financial Results:

  • Orient Cement Ltd reported Revenues for Q2FY24 of ₹721.00 Crores up from ₹615.00 Crore year on year, a rise of 17.24%.
  • Total Expenses for Q2FY24 of ₹680.00 Crores up from ₹631.00 Crores year on year, a rise of 7.77%.
  • Consolidated Net Profit of ₹25.00 Crores from -₹10.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.20, from -₹0.46 in the same quarter of the previous year.
Tags: cement
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