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News Shiva Cement’s losses continue in second quarter of 2021 financial year

Shiva Cement’s losses continue in second quarter of 2021 financial year

Written by Global Cement staff 22 October 2020
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India: JSW Cement subsidiary Shiva Cement’s three-month net loss for the quarter ended 30 September 2020 – the second quarter of the 2021 financial year – was US$0.85m, up slightly from the second quarter of the 2020 financial year. Dion News Service has reported that the company recorded a revenue fall of 6.5%, to US$0.72m from US$0.77m. Operating expenses fell by 12% to US$1m from US$1.2m.

Last modified on 28 October 2020
Published in Global Cement News
Tagged under
  • India
  • Shiva Cement
  • Results
  • GCW479

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