Odisha Cement Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
February 07, 2019 at 09:40 am EST
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Odisha Cement Limited reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, on consolidated basis, the company reported revenue from operations of INR 21,750 million compared to INR 20,690 million a year ago. Total revenue was INR 22,390 million compared to INR 21,170 million a year ago. Profit for the period was INR 310 million compared to INR 510 million a year ago. Basic earnings per share were INR 1.46 compared to INR 2.76 a year ago. Diluted earnings per share were INR 1.45 compared to INR 2.74 a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 66,420 million compared to INR 61,990 million a year ago. Total revenue was INR 68,230 million compared to INR 88,320 million a year ago. Profit for the period was INR 860 million compared to INR 1,670 million a year ago. Basic earnings per share were INR 4.16 compared to INR 8.53 a year ago. Diluted earnings per share were INR 4.14 compared to INR 8.47 a year ago.
For the quarter, on standalone basis, the company reported revenue from operations of INR 340 million compared to INR 450 million a year ago. Total revenue was INR 780 million compared to INR 660 million a year ago. Profit for the period was INR 380 million compared to INR 200 million a year ago. Basic earnings per share were INR 1.98 compared to INR 1.04 a year ago. Diluted earnings per share were INR 1.97 compared to INR 1.03 a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 1,060 million compared to INR 980 million a year ago. Total revenue was INR 1,760 million compared to INR 1,750 million a year ago. Profit for the period was INR 610 million compared to INR 560 million a year ago. Basic earnings per share were INR 3.17 compared to INR 2.91 a year ago. Diluted earnings per share were INR 3.15 compared to INR 2.89 a year ago.
Dalmia Bharat Limited is an India-based cement manufacturing company. The Company is principally engaged in the business of manufacturing and selling of cement and its related products. It operates in management services segment. The Companyâs products include Ordinary Portland Cement (OPC), Portland Slag Cement (PSC), Portland Pozzolana Cement (PPC), Portland Composite Cement (PCC) and other specialty cements. Its specialty cements include sulfate-resisting Portland cement, railway sleeper cement, oil well cement and special cements for air strips and nuclear power plants construction. The Companyâs brands include Dalmia DSP Cement, Dalmia Cement, Konark Cement, Dalmia Infra PRO, Dalmia Infra Green, Dalmia Insta Pro and Dalmia Magic. The Company offers its products to individual consumers and institutional customers. It provides a range of cement-based surface finish solution alternative to putty.