HeidelbergCement India on Tuesday posted its fiscal first quarter profit at Rs 52.32 crore, rising marginally by 1.4 per cent in comparison to Rs 51.61 crore during the first quarter of FY23. It posted revenue from operations at Rs 595.64 crore, up 1 per cent as against Rs 589.89 crore during Q1FY23. HeidelbergCement posted total income of Rs 609.02 crore, up 1.5 per cent in comparison to Rs 600.15 crore during the first quarter last year. Furthermore, the total expenses during the period was at Rs 538.90 crore, up 1.5 per cent as against Rs 530.84 crore during the same period in FY23.
The company’s EBITDA stood at Rs 92.8 crore, down 2.5 per cent versus Rs 95.2 crore a year ago. The sales volume was also up 8.2 per cent at 1,203 kt as against 1,112 kt during the same quarter last year.
