Panyam Cements & Mineral Industries, India, has reported financial results for the period ended 31 March 2018 with net sales of INR26.49m (US$0.391m) during the 12-month period ended 31 March 2018 as compared to INR65.03m (US$0.96m) during the corresponding period ended 31 March 2017.

The company has posted net loss of INR23.41m for the period under review as against INR4.09m for the period ended 31 March 2017.

 The company has reported net sales of INR190.38m during the 12months ended 31 March 2018 as compared to INR254.64m during the equivalent period ended 31 March 2017.



The company has posted net loss of INR31.43m for the 12-month period ended 31 March 2018 as against INR0.32m in the year-ago equivalent period.