India Cement industry news from Global Cement
India: Shiva Cement has reported a standalone net loss of US365m for the first quarter of the current fiscal year (1 April 2020 – 30 June 2020). However, the loss was 33% lower than the US556m that it lost in the corresponding quarter of the fiscal year. Shiva''s net revenue also declined substantially, by %, to US during the quarter, compared to US a year earlier.