Andhra Cement January-March net sales down 85% YoY

India-based Andhra Cement has reported standalone net sales of INR109.5m (US$1.44m) in January-March 2020, down 85.4 per cent when compared with INR749.4m in January-March 2019.

In the January-March 2020 quarter the company posted a net loss of INR-543.8m while EBITDA was INR113.2m.