The company's profitability was impacted after total expenses jumped 22.5% to Rs 1,201.6 crore in Q2 FY22 from Rs 980 crore in Q2 FY21. Power and Fuel expenses witnessed a sharp rise of 56.5% year on year to Rs 359.33 crore in Q2 FY22. Transport and handling charges spiked by 28.8% to Rs 277.46 crore in Q2 FY22 over Q2 FY21.
India Cements is primarily engaged in manufacture and marketing of cement and cement related products.
