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Andhra Cements Q1 loss at Rs 36.94 crores
Highlights
Andhra Cements Ltd on Tuesday reported a higher net loss of Rs 36.94 crore for the quarter ending June compare to that of Rs 31.34 crore in April-June 2018.
Hyderabad: Andhra Cements Ltd on Tuesday reported a higher net loss of Rs 36.94 crore for the quarter ending June compare to that of Rs 31.34 crore in April-June 2018.
The company's total income was down 55.80 per cent during the quarter under review to Rs 41.21 crore as against Rs 93.24 crore in the corresponding quarter a year ago, Andhra Cements said.
Total expenses were at Rs 78.29 crore as against Rs 124.74 crore, down 37.23 per cent.
The Company has aggregate borrowing of Rs. 101,706 lakhs as on June 30, 2019 including working capital loans and interest accrued thereon.
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