Star Cement Q2 profit down 22.79% to Rs 46.53 cr
Star Cement Ltd on Monday reported a 22.79 per cent decline in its consolidated net profit to Rs 46.53 crore for the second quarter ended in September 2021
Star Cement Ltd on Monday reported a 22.79 per cent decline in its consolidated net profit to Rs 46.53 crore for the second quarter ended in September 2021.
The company had reported a net profit of Rs 60.27 crore for the July-September quarter a year ago.
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However, revenue from operations was at Rs 406.56 crore, up 1.16 per cent, during the period under review as against Rs 401.89 crore of the corresponding quarter, Star Cement in a regulatory filing.
Total expenses were at Rs 371.08 crore, up 7.29 per cent in Q2/FY 2021-22 as against Rs 345.84 crore.
Shares of Star Cement Ltd on Monday settled at Rs 100.40 on BSE, up 1.01 per cent from the previous close.
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