Orient Cement Q2 net profit slips 34.7 pc to Rs 32 cr, revenue down at Rs 565 cr

New Delhi, Oct 22 (PTI) Orient Cement Ltd on Thursday reported a 34.7 per cent year-on-year decline in net profit to Rs 32 crore for the September quarter of FY27.

The Adani Group firm had posted a net profit of Rs 49 crore for the July-September period a year ago, according to a regulatory filing.

Its revenue from operations dropped 12.13 per cent YoY to Rs 565 crore in Q2 FY27 compared to Rs 643 crore in the year-ago quarter.

Orient Cement’s total expenses stood 8 per cent lower at Rs 534 crore in the second quarter of the current fiscal.

Its total income declined 11.75 per cent to Rs 578 crore in the period under review.

Orient Cement is being merged into Ambuja Cements, alongside ACC, to build a unified pan-India cement platform under the Adani

Group.

Shares of Orient Cement Ltd on Thursday settled at Rs 117.10, up 2.76 per cent, on the BSE. PTI KRH SHM