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India Cements Q2 Results: Loss widens to Rs 339 crore, revenue down 18% as prices fall
The India Cements Ltd (ICL) on Friday reported widening of consolidated net loss to Rs 339.13 crore for the second quarter ended September 2024, impacted by a decline in selling price. It had incurred a loss of Rs 80.07 crore in the July-September period a year ago, according to a BSE filing from ICL, in which rival Aditya Birla group firm UltraTech Cement has announced to acquire a majority stake.
