'The company conducted a conference call on 06 August 2019 to discuss the financial performance for the first quarter ended June 2019 and way forward. Mr Yaswant Mishra, President (Corporate) and CFO of the Company addressed the conference call.

Key highlights

• The company's reported a net profit of Rs 33.22 crore for the quarter ended June 2019. It had clocked a net loss of Rs 15.32 crore in the April- June quarter of the last financial year. The company's total income from operations increased to Rs 333.16 crore, as against Rs 254.63 crore in the year-ago period. The Company all-round improved performance in 1QFY20 led by superior realisation and cost reduction.

• The Company operating expenses declined in Q1FY20 due to improved availability of fly-ash for Aligarh SGU, which increased PPC production to ~75%; usage of biomass and reduction in petcoke prices; and usage ...
  
  
  
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