Hemadri Cements Unlisted Shares
Hemadri Cement Standalone June 2023 Net Sales at Rs 14.48 crore, down 22.89% Y-o-Y
Money Control
2 min read
Q1 FY 24 comparison to Q1 FY 23, financial highlights (Standalone) for Hemadri Cement:
Net Sales stand at Rs 14.48 crore in Q1 FY 24, from Rs. 18.78 crore in Q1 FY 23, down by 22.89%
Quarterly Net Loss stands at Rs. 4.56 crore in Q1 FY 24, from Rs. 3.03 crore in Q1 FY 23, down by 50.45%.
EBITDA stands at Rs. (3.78) crore, in Q1 FY 24, from Rs. 2.46 crore in Q1 FY 23, down by 53.66%
The company is inefficient in generating revenue from manufacturing & sale of cement, as highlighted by decreased revenue from operations in Q1 FY 24.
The company’s expenses exceed the revenue, leading to negative EBIT, with expenses being 19.1 crs, against revenue of 14.48 crs in Q1 FY 24.
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