India Cements posts Q1 financials: Surging from negative EBIDTA to positive terrain
The India Cements Limited showcased resilience in its Q1 financial results ending June 2023. Following three-quarters of a downturn with negative EBIDTA, the firm announced a positive EBIDTA for this quarter, despite an environment of reduced cement selling prices due to a supply overhang. Industry Trends & Competition According to data released by DIPP, the […]