{"id":159156,"date":"2024-02-23T10:12:41","date_gmt":"2024-02-23T15:12:41","guid":{"rendered":"https:\/\/44.250.171.167\/?p=159156"},"modified":"2024-02-23T10:12:42","modified_gmt":"2024-02-23T15:12:42","slug":"india-cements-ltd-q3fy24-99-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/india-cements-ltd-q3fy24-99-fall-in-profits\/","title":{"rendered":"India Cements Ltd Q3FY24; 99% fall in Profits"},"content":{"rendered":"\n<p>India Cements Ltd is a leading cement manufacturing company headquartered in Chennai. It was incorporated in the year 1946 by Shri S N N Sankaralinga Iyer and Sri T S Narayanaswami. While retaining cement over the years as its mainstay, India Cements has ventured into related fields like shipping, captive power and coal mining that have purposeful synergy to the core business. The co is also a sponsor of the IPL franchise \u201cChennai Super Kings\u201d.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>India Cements Ltd reported Revenues for Q3FY24 of \u20b91,144.46 Crores down from \u20b91,281.00 Crore year on year, a fall of 10.66%.<\/p>\n\n\n\n<p>Total Expenses for Q3FY24 of \u20b91,214.15 Crores down from \u20b91,457.63 Crores year on year, a fall of 16.7%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b90.99 Crores down 99.25% from \u20b9132.80 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.02, down 99.53% from \u20b94.30 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-200-839x1024.png\" alt=\"\" class=\"wp-image-159165\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-200-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-200-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-200-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-200-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-200.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/dashboard\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/ASAI-Product-2.gif\" alt=\"\" class=\"wp-image-158403\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>India Cements Ltd is a leading cement manufacturing company headquartered in Chennai. It was incorporated in the year 1946 by Shri S N N Sankaralinga Iyer and Sri T S Narayanaswami. While retaining cement over the years as its mainstay, India Cements has ventured into related fields like shipping, captive power and coal mining that [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":159165,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9713],"class_list":["post-159156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-cement"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-200.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":158779,"url":"https:\/\/alphastreet.com\/india\/ambuja-cements-ltd-q3fy24-123-rise-in-profits\/","url_meta":{"origin":159156,"position":0},"title":"Ambuja Cements Ltd Q3FY24; 123% rise in Profits","author":"Divyansh_Kasana","date":"February 14, 2024","format":false,"excerpt":"Ambuja Cements Ltd (Founded in 1993) is one of India\u2019s leading cement manufacturers, with a presence in 80 countries, and a focus on cement, aggregate and concrete. 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It is an affiliate of the multi-disciplinary industrial conglomerate JK Organisation. Financial Results: J K Cements Ltd reported Revenues for Q3FY24 of \u20b92,935.00 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-106.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-106.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-106.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-106.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-106.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-106.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159598,"url":"https:\/\/alphastreet.com\/india\/the-ramco-cements-ltd-q3fy24-39-rise-in-profits\/","url_meta":{"origin":159156,"position":2},"title":"The Ramco Cements Ltd Q3FY24; 39% rise in Profits","author":"Chirag Gupta","date":"March 7, 2024","format":false,"excerpt":"Ramco Cements Ltd is engaged in manufacture of cement, Ready Mix Concrete (RMC) and Dry mortar products. 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