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News HeidelbergCement India's second-quarter sales drop

HeidelbergCement India's second-quarter sales drop

Written by Global Cement staff 18 October 2022
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India: HeidelbergCement India recorded consolidated sales of US$61.5m during the second quarter of its 2023 financial year, down by 11% year-on-year from US$69.2m in the second quarter of the 2022 financial year. The Heidelberg Materials subsidiary's net profit in the quarter fell by 88% over the year, to US$852,000 from US$7.24m in the 2022 financial year's second quarter. The second quarter of the 2023 financial year brought a 0.3% year-on-year drop in the producer's operating expenses, to US$55.7m from US$55.9m.

Last modified on 19 October 2022
Published in Global Cement News
Tagged under
  • India
  • Heidelberg Materials
  • HeidelbergCement India
  • Results
  • GCW579

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