Mangalam Cement Q3 Profit Surges, Revenue Up 2.4%
Jan 27, 2024 19:51
Mangalam Cement's Q3 net profit jumped to Rs 15.95 crore, with revenue growing to Rs 439.43 crore. Read more about the company's performance.
Photograph: Amit Dave/Reuters
New Delhi, Jan 27 (PTI) Mangalam Cement Ltd on Saturday reported a multi-fold jump in its net profit to Rs 15.95 crore for the quarter ended in December 2023.
The company had posted a profit of Rs 0.52 crore in the October-December quarter a year ago, according to a regulatory filing.
Its revenue from operations was up 2.38 per cent to Rs 439.43 crore during the quarter under review against Rs 429.19 crore in the year-ago period.
Total expenses in the December quarter were down 5.3 per cent to Rs 418.06 crore against Rs 441.50 crore in the third quarter of FY23.
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