Kesoram Industries Ltd records increase in sales volume for the half year FY24

The company generated EBDITA of Rs 216 Cr for the half year as against Rs 138Cr for the corresponding previous year half year FY23 even with elevated costs.

October 13, 2023 10:14 am | Updated 10:14 am IST - Kolkata

Manjushree Khaitan,  Chairman (left) and P Radhakrishnan, wholetime director during an AGM of Kesoram Industries. File

Manjushree Khaitan, Chairman (left) and P Radhakrishnan, wholetime director during an AGM of Kesoram Industries. File | Photo Credit: Debasish Bhaduri

BK Birla group-controlled Kesoram Industries Ltd clocked a record increase ion the sales volume upwards of 3.73 million tonnes for the half year FY24 as against 3.19 million tonnes for the half year FY23.

The cement maker posted a reduction in its stand-alone losses for the second quarter ending in September 2023 to ₹34.71 crore. In the corresponding quarter of last year, the company posted a loss of ₹41.28 crore. The stand-alone revenue of the cement maker from operations was up to ₹894 crore during the quarter as against ₹785 crore posted in the corresponding quarter of FY’23.

“The company generated EBDITA of ₹216 crore for the half year as against ₹138 crore for the corresponding previous year half year FY23 even with elevated costs,” a press statement from the company said.

The standalone revenue of the cement maker from operations was up to ₹894 crore during the quarter as against ₹785 crore posted in the corresponding quarter of FY’23, the statement added.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.