Mangalam Cement Q1 net profit at Rs 23 cr

NEW DELHI, Aug 6:  B K Birla Group company Mangalam Cement today posted a net profit of Rs 22.58 crore for the quarter ended June 30.
It had clocked a net loss of Rs 18.91 crore in the April- June quarter of the last fiscal, the company said in a filing to BSE.
The company’s total income from operations increased to Rs 225.17 crore, as against Rs 213.41 crore in the year-ago period.
Its total expenses declined to Rs 186.12 crore over Rs 224.07 in the year-ago period.
The company has only one business segment which is cement. (PTI)

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