Orient Cement Q1 profit plunges 78% to INR 10.43cr

Orient Cement Limited reported a 78% decline in net profit to INR 10.43 crore for the first quarter, down from INR 47.92 crore in the previous year.

Total income from operations fell to INR 704.85 crore from INR 796.88 crore in the corresponding prior period. Profit before tax dropped to INR 14.74 crore from INR 63.85 crore.

Basic earnings per share decreased to INR 0.50 from INR 2.31 in Q1 FY25.