CK Birla group firm Orient Cement Ltd. on Tuesday reported a marginal decline in its net profit at Rs 37.03 crore in the June quarter.
It had posted a net profit of Rs 37.41 crore in the April-June quarter a year ago, Orient Cement said in a regulatory filing.
Its revenue from operation was up 15.58% at Rs 825.17 crore during the quarter under review as against Rs 713.93 crore in the year-ago period.
Orient Cement's total expenses were at Rs 772.39 crore in Q1 of FY2023-24, up 17.73%.
In the June quarter, the company's total income was up 16% at Rs 829.60 crore.
Shares of Orient Cement on Tuesday settled 2.18% lower at Rs 143.85 apiece on the BSE.
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