JK Lakshmi Cement second quarter net profit dips 6% to Rs 87 crore
NEW DELHI: JK Lakshmi Cement Ltd on Friday reported a 6.06 per cent decline in consolidated net profit for the September quarter at Rs 87.29 crore, hit by higher input costs. The company had posted a profit of Rs 92.93 crore in the July-September period a year ago, JK Lakshmi Cement said in a regulatory […]
Dalmia Cement to set up Rs 577 crore plant in Jharkhand’s Bokaro
NEW DELHI: Dalmia Cement will set-up a 2 million tonne plant at Jharkhand’s Bokaro at an estimated cost of Rs 577 crore, Jharkhand government said on Friday. The Jharkhand government has ensured allotment of land for the cement plant, a statement from the state government said. The cement maker had expressed commitment in this regard […]
Realty major DLF cuts net debt by 16% in September quarter to Rs 3,985 crore
NEW DELHI: Realty major DLF Ltd has reduced its net debt by 16 per cent during the July-September period to Rs 3,985 crore on improved cash flows amid a revival in housing demand. According to an investors presentation, DLF’s net debt has come down to Rs 3,985 crore as on September 30, 2021 from Rs […]
CAIT pegs Rs 50,000 crore losses to Chinese exporters this Diwali
NEW DELHI: Trader’s body CAIT on Friday said it estimates Chinese exporters to suffer business losses worth Rs 50,000 crore this Diwali season due to its boycott call. The Confederation of All India Traders (CAIT) also expects that consumers may spend about Rs 2 lakh crore during the Diwali festival sale period. “Like previous year, […]
Zydus Cadila posts consolidated revenues of Rs. 3785 crore in Q2
NEW DELHI: For the second quarter ended September 30, 2021, Zydus Cadila posted consolidated revenue of Rs. 3785 crore, up 3% on a y-o-y basis. Earnings before Interest, Depreciation and Tax (EBIDTA) for the quarter was Rs. 861 crore, up by 6% y-o-y. The EBIDTA margin for the quarter was 22.7%, an improvement of 50 […]