Q3FY17: Orient Cement Ltd.
Bhagyashree Vivarekar / 04 Feb 2017
Orient Cement Ltd. Ltd. reported its results for the quarter ended December 31, 2016 on Saturday (Feb 4).The company's total sales for Q3FY17 were Rs 529.2 crore, which represent a 18.95 per cent sequential increase and 33.69 per cent YoY increase.
Orient Cement Ltd. Ltd. reported its results for the quarter ended December 31, 2016 on Saturday (Feb 4).
The company's total sales for Q3FY17 were Rs 529.2 crore, which represent a 18.95 per cent sequential increase and 33.69 per cent YoY increase.
Its operating profit (EBIT) for the quarter was Rs 14.83 crore and its EBIT margin was 2.8 per cent.
The company reported negative PAT of Rs -11.66 crore, representing a sequential QoQ decline of 60.33 per cent and a YoY decline of 9.68 per cent.
Orient Cement is engaged in the business of manufacturing cement.
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