India Cements Q3 net profit at Rs 5 crore

Cement major India Cements Ltd has reported a net profit of Rs.5.46 crore in the December quarter against a net loss of Rs.11.46 crore a year ago. The total income slid down to Rs.937.05 crore for the quarter under review as against Rs.1,040.60 crore earned for the quarter ended December 31, 2014

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Published - Thursday, 11 Feb, 2016

India Cements Q3 net profit at Rs 5 crore

Cement major India Cements Ltd has reported a net profit of Rs.5.46 crore in the December quarter against a net loss of Rs.11.46 crore a year ago. The total income slid down to Rs.937.05 crore for the quarter under review as against Rs.1,040.60 crore earned for the quarter ended December 31, 2014," the company informed BSE (Bombay Stock Exchange). The company's net sales in third quarter stood at Rs. 929.6 crore, down 10.3% from Rs.1,035.9 crore in the year-ago period.