India: The India Cements’ earnings before interest, taxation, depreciation and amortisation (EBITDA) reached US$1.68m during the second quarter of the 2024 financial year. The producer recorded a negative EBITDA of US$10.5m during the second quarter of the previous financial year. It succeeded in reducing its net loss by 41% to US$9.73m from US$16.6m. The India Cements said that oversupply and competition placed its cement prices under pressure.
The India Cements records earnings of US$1.68bn in second quarter of 2024 financial year
URL: https://www.globalcement.com/news/item/16527-the-india-cements-records-earnings-of-us-1-68bn-in-second-quarter-of-2024-financial-year
© 2025 Pro Global Media Ltd. All rights reserved.