HeidelbergCement India Q4 net profit sharply falls 33.13% to Rs 93.61 cr ...Middle East

Economy by : (Business Standard) -
HeidelbergCement India Ltd on Friday reported a 33.13 per cent decline in its net profit to Rs 93.61 crore for the fourth quarter ended March 2022, mainly due to higher operating costs. The company had reported a net profit of Rs 139.99 crore in the year-ago period, HeidelbergCement India said in a BSE filing. However, its total revenue from operation increased 3.34 per cent to Rs 620.03 crore during the quarter under review against Rs 599.95 crore in the corresponding quarter of the previous fiscal. HeidelbergCement India's total expenses rose 10.35 per cent to Rs 534.60 crore in Q4 FY 2021-22 against Rs 484.42 crore a year ago. "On a per tonne basis, total operating cost, including freight

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