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HeidelbergCement India announces Q4 and 2018-19 results

Infra News - Published on Mon, 27 May 2019

Image Source: mycemco.com
HeidelbergCement India Ltd has reported a 16.9% rise in its net profit to INR 60.90 crore for the fourth quarter ended March 31. Its net sales were at INR 534.65 crore, up 1.8%, during the quarter. The company's total expenses were at IR 459.94 crore, up 1.3%. It reported a decline of 4.6% in its sales volume to 12.11 KT as against 12.70 KT in the year-ago quarter.

For the financial year 2018-19, HeidelbergCements India net profit stood at INR 220.66 crore, up 65.7% from INR 133.18 crore in the previous fiscal. Its net sales for the fiscal stood at INR 2,109.44 crore, up 9.1% as compared to INR 1,933.16 crore in the previous year. The company registered its highest-ever volume of 4.9 million tonne, mainly driven by increased construction activities in Uttar Pradesh,"

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Posted By : Rabi Wangkhem on Mon, 27 May 2019
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