India Cements Ltd has incurred a net loss of Rs37.24 crore on income of Rs285.30 crore during Oct-Dec 2003. The company had incurred a net loss of Rs50.54 crore on income of Rs238.97 crore during Oct-Dec 2002. India Cements has reduced the interest costs from Rs60.51 crore to Rs38.56 crore during the period.
