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HomeNewsTop NewsDeccan Cements' net profit dips 31.59% in Q1 FY24

Deccan Cements’ net profit dips 31.59% in Q1 FY24

Deccan Cements' net consolidated total income stood at Rs 195.22 crore in Q1 FY24, a dip of 0.78 per cent from Rs 196.75 crore it recorded in the similar quarter last year.

Deccan Cements has reported a dip of 31.59 per cent in its net consolidated profit during the quarter ended June 30, 2023. Its profit after tax stood at Rs 14.14 crore in Q1 FY24 as against Rs 20.67 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s net consolidated total income stood at Rs 195.22 crore in Q1 FY24, a dip of 0.78 per cent from Rs 196.75 crore it recorded in the similar quarter last year.

The board of directors elected P. Parvathi, managing director of the company as chairperson of the board as well as of the company.

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