Q3FY17 Results : Prism Cement
Bhagyashree Vivarekar / 14 Feb 2017
The company reported net loss of Rs -47.02 crore, which represents a sequential QoQ increase of 121.06 per cent and a YoY increase of 208.94 per cent.
Prism Cement reported its results for the quarter ended December 31, 2016.
The company reported total sales of Rs 1139.82 crore for Q3FY17, which represents a 2.36 per cent sequential decline and 9.11 per cent YoY decline.
Its operating profit (EBIT) for the quarter was negative at Rs -9.73 crore, as also the EBIT margin stood negative at -0.85 per cent.
The company reported net loss of Rs -47.02 crore, which represents a sequential QoQ increase of 121.06 per cent and a YoY increase of 208.94 per cent.
Prism Cement Ltd is an integrated building materials company having a with a wide range products, including cement, ready-mixed concrete, tiles, bath products, etc. The company has three divisions, viz. Prism Cement, H & R Johnson (India), and RMC Readymix (India).
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