The city-based Deccan Cements Limited has registered a net profit of Rs 1.96 crore on a total turnover of Rs 28.02 crore in the first quarter of the current financial year, as against Rs 1.53 crore net on Rs 17.24 crore turnover in the corresponding period of the last financial year.
On an equity base of Rs 7 crore, this works out to annualised earnings per share of Rs 11.2 as against Rs 8.8 last fiscal.
Of the total turnover of Rs 28.02 crore, the company earned Rs 11.63 crore (Rs 10.52 cr) from the sales of ordinary portland cement and Rs 15.77 crore (Rs 4.54 cr) from slag cement operations.
The power sales -- wind as well as hydel -- constituted Rs 41.6 lakh, as compared to Rs 2.06 crore in the corresponding quarter of the last financial year, according to a press release issued here.