New Delhi, Aug 5 (PTI) CK Birla group firm Orient Cement Ltd on Monday reported a marginal decline in its net profit to Rs 36.71 crore for the first quarter ended in June 2024.

The company reported a net profit of Rs 37.03 crore for the April-June quarter a year ago, according to a regulator filing from Orient Cement Ltd (OCL).

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Its revenue from operations was down 15.62 per cent to Rs 696.26 crore during the quarter under review. It was at Rs 825.17 crore in the corresponding period a year ago.

OCL's total expenses reduced 16.56 per cent to Rs 644.46 crore in the June quarter.

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Shares of Orient Cement Ltd on Monday settled at Rs 348.95 on BSE, down 1.91 per cent from the previous close.

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