Madras Cements today said its standalone net profit for the third quarter ended December 31, declined by 43.31 per cent to Rs 62.73 crore.
The company had a net profit of Rs 110.65 crore for the same quarter FY2008, Madras Cements said in a filing to the Bombay Stock Exchange.
Total income of the company rose to Rs 610.99 crore for the quarter under review, against Rs 511.29 crore in the corresponding perid year ago.
For the nine months ended December 31, the company has posted a net profit of Rs 290.27 crore, against Rs 332.06 crore in the same period last fiscal.