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

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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

URL: https://globalcement.com/news/item/11513-shiva-cement-s-losses-continue-in-second-quarter-of-2021-financial-year

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