Orient Cement posts sales decline of 20 per cent QoQ
Nidhi Jani / 02 Nov 2017
It reported PAT of Rs. 10.15 crore which represents a sequential QoQ decline of 73.9 per cent.
Orient Cement reported weak results for the quarter ended September 30, 2017 on Thursday.
Total sales for Q2FY18, came in at Rs. 523 crore. This represents a 20.32 per cent sequential decline and 17.6 per cent YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 42.8 crore and the EBIT margin stood at 8.2 per cent.
It reported PAT of Rs. 10.15 crore which represents a sequential QoQ decline of 73.9 per cent.
Today, the stock opened at Rs. 173.45 and touched an intra-day high of Rs. 181.80 on the BSE.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.