New Delhi, Nov 1 (PTI) Star Cement Ltd on Monday reported a 22.79 per cent decline in its consolidated net profit to Rs 46.53 crore for the second quarter ended in September 2021.

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The company had reported a net profit of Rs 60.27 crore for the July-September quarter a year ago.

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However, revenue from operations was at Rs 406.56 crore, up 1.16 per cent, during the period under review as against Rs 401.89 crore of the corresponding quarter, Star Cement in a regulatory filing.

Total expenses were at Rs 371.08 crore, up 7.29 per cent in Q2/FY 2021-22 as against Rs 345.84 crore.

Shares of Star Cement Ltd on Monday settled at Rs 100.40 on BSE, up 1.01 per cent from the previous close.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)