JK Lakshmi Cement expects its profit before tax or EBITDA to improve in the fourth quarter and subsequent periods on the back of rising revenue realization and growing non-trading (B2B) volumes, president and managing director Arun Kumar Shukla said on Monday. Non-trade (institutional) prices are rising, demand remains strong and costs are gradually rising, which […]
Cement maker Nuvoco Vistas Corp rose to a consolidated net profit of Rs 49.37 crore in the December quarter from a loss a year earlier, boosted by a sharp rise in earnings before interest, taxes, depreciation and amortization (Ebitda).Earnings, which met analyst expectations, surpassed net profit of Rs 36.43 crore in the September quarter. The […]