Q1 RESULTS FOR HEIDELBERG CEMENT INDIA WHY ?

The company had announced a net Profit of Rs 79.03 crore in the April-June time of the first financial.

Total revenue from activities declined 30.80 percent to Rs 407.70 crore from Rs 589.23 crore in the comparing quarter of 2019-20

Volume diminished by 32 percent, fundamentally determined by the suspension of activities in April 2020.

Cement Sales volume during the quarter was 857 KT as against 1,258 KT prior.

Total expenses are Rs 342.99 crore as against Rs 479.25 crore in Q1 FY20, down 28.43 percent.

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