India: Star Cement recorded sales revenues of US$82.3m in the first quarter of its 2023 financial year, up by 29% year-on-year from US$63.9m in the first quarter of the 2022 financial year. The producer's net profit dropped by 24% year-on-year to US$5.23m from US$6.86m. This was primarily due to a 34% rise in operating expenses toUS$72.5 from US$54.6m.
Star Cement's sales rise as profit drops in first quarter of 2023 financial year
URL: https://www.globalcement.com/news/item/14468-star-cement-s-sales-rise-as-profit-drops-in-first-quarter-of-2023-financial-year
© 2025 Pro Global Media Ltd. All rights reserved.