Orient Cement evaluates COVID-19 impact on operations

Orient Cement evaluates COVID-19 impact on operations
20 July 2020


India's Orient Cement Ltd estimates that it lost around 225,000t of cement sales towards the end of the FY19-20 due to the COVID-19 pandemic, which may have an impact of up to INR300m (US$4m) on its EBITDA.

However, the company also noted that it doesn't anticipate any challenges in meeting its financial obligations going forwards.  

Published under Cement News