Prism Cement Posts Loss

Prism Cement Posts Rs.33.26 Crore Net Loss in Q2 of 2015

Prism Cement's standalone net loss stood at Rs.33.26 crore for the quarter ended September 30, against a net loss of Rs.19.76 crore in the same period a year ago.
Total standalone income stood at Rs.1,398.34 crore for the quarter ended September 30, against a net loss of Rs.1,337.19 crore in the same period a year ago.
Prism Cement total sales volume stood at 13.45 lakh tonnes of cement and clinker for the quarter ended September 30, against 12.92 lakh tonnes of cement and clinker in the same period a year ago.

Prism Cement Limited is one of the leading integrated Building Materials Companies in India, with a wide range of products from cement, ready-mixed concrete, tiles, bath products and fixtures to kitchens. The company has three Divisions, Prism Cement, H & R Johnson (India), and RMC Readymix (India).

Prism Cement commenced production at its Unit I in August, 1997 and Unit II in December, 2010. It caters mainly to markets of Eastern UP, MP and Bihar, from its plant at Satna, MP. Prism Cement has an effective capacity of 7 MTPA of Cement and Clinker.