• India Cements’ consolidated revenues for the quarter ended December (Q3FY22) were down 6% quarter-on-quarter (QoQ). On a year-on-year (YoY) basis, it witnessed a decline of 2%.
  • Its expenses for the quarter were down 4% QoQ and up 6% YoY.
  • While the company reported a 60% QoQ net profit decline, the same fell by 81% on a YoY basis.
  • The earnings per share (EPS) of India Cements stood at 0.2 during Q3FY22.

India Cements’ Financial Statements for Q3FY22:

(Rs, crores) Q3FY21 Q2FY22 Q3FY22 QoQ (%) YoY (%)
Total Income 1,189 1,241 1,168 -6% -2%
Total Expenses 1,093 1,202 1,153 -4% 6%
Profit before tax 96 40 15 -63% -85%
Tax 27 7 2 -74% -93%
Profit after tax 69 33 13 -60% -81%
Earnings per share 2.3 0.9 0.2    

Data Source: BSE, Company announcements

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