Anjani Portland Cement sees 2QFY17 profit halve

Indian cement producer Anjani Portland Cement reported a 53.5 per cent YoY fall in profit to INR66.9m (US$1.03m) for the quarter ended 30 September 2017 (2QFY17). In the 2QFY16 profit reached INR143.9m.

Revenues from operations during the quarter rose 0.8 per cent YoY from INR903.2m in the year-ago period to INR910.4m.