Gujarat Sidhee Cement loss widens in September quarter

Gujarat Sidhee Cement loss widens in September quarter
03 November 2010


Gujarat Sidhee Cement  reported the loss for the quarter ended September 2010 has widened.  During the quarter, the loss of the company increased to INR129.24m compared with a loss of INR58.41m in the same quarter last year.

Net sales for the quarter declined 42.18% to INR504m, while total income for the quarter fell 40.11% to INR522.32m, when compared with the prior year period.

It reported loss of INR 1 a share during the quarter compared with loss of INR0 a share in the previous year period.
Published under Cement News