India: Anjani Portland Cement’s revenue grew by 16% year-on-year to US$44.5m in the nine months to 31 December 2018 from US$39.1m in the same period in 2017. However, its expenses rose by 20% to US$42.1m from US$35m due to fuel and logistic cost increases. Its profit before tax fell by 31% to US$2.54m from US$3.68m.
Anjani Portland Cement’s profit falls as fuels costs grow
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