India Cements posts wider Q1 adjusted loss as raw material costs weigh

(Reuters) – India Cements reported a wider adjusted loss in the first quarter on Monday, hurt by irregular monsoon and high raw material costs. The company reported a loss before exceptional items and tax at 989.1 million rupees ($11.96 million), from 720.1 million rupees loss a year ago. Revenue from operations fell… Continue reading India Cements posts wider Q1 adjusted loss as raw material costs weigh