Cement News tagged under: Reliance Cement Co Pvt Ltd
Birla reports 13% rise in revenues, sees net loss narrow in 3QFY16-1712 February 2018, Published under Cement NewsBirla Corp reported a consolidated net loss of INR-218.4m (US$-3.4m) for the quarter ended 31 December 2017, when compared to INR-412.9m in the equivalent period a year ago. Revenue from its operations was INR13.893bn, up 12.7 per cent YoY from INR12.324bn in the 3QFY16-17. EBITDA increased 7.9 per cent YoY from INR1.417bn to INR1.528bn in the quarter ending 31 December 2017. The company attributed the 3Q loss to the “non-availability of railway rakes, as these were diverted for ca... |
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