Kakatiya Cement Reports 15.95% Y-o-Y Net Sales Growth in December 2023

Kakatiya Cement, an Indian cement manufacturer, has reported a 15.95% year-over-year increase in net sales for December 2023, reaching ₹47.03 crore.

Kakatiya Cement Reports 15.95% Y-o-Y Net Sales Growth in December 2023
Photo by Markus Winkler / Unsplash

In a recent financial update, Kakatiya Cement, an Indian cement company, has announced a 15.95% year-over-year growth in net sales for December 2023. The company's net sales reached ₹47.03 crore, up from ₹40.56 crore in December 2022.

The company's quarterly results also show a 22.56% increase in total income from operations compared to the previous quarter, reaching ₹49.70 crore. 

However, the company reported a net loss of ₹2.84 crore in December 2023, which is a significant decrease from the previous year's net loss of ₹0.05 crore3.Kakatiya Cement's shares closed at ₹231.20 on February 16, 2024, on the National Stock Exchange (NSE). The company has given 14.80% returns over the last 6 months and 22.39% over the last 12 months.

Source

Moneycontrol.