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India Cements Q3 net profit at Rs 5 cr

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Press Trust of India New Delhi
Last Updated : Feb 10 2016 | 2:22 PM IST
India Cements Ltd today posted a standalone net profit of Rs 5.46 crore for the third quarter ended December 31, 2015-16.
It had posted a net loss of Rs 11.68 crore in the October -December quarter of last fiscal, 2014-15, the company said in a BSE filing.
Net sales of the company declined to Rs 929.61 crore during the third quarter of the current fiscal, as against. Rs 1,035.91 crore in the year-ago period.
"Consequent to the hiving off the franchise of IPL, the figures of the current quarter are not comparable with those of the previous quarter/year," India Cements said.
The company is primarily engaged in manufacturing and marketing of cement.

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First Published: Feb 10 2016 | 2:22 PM IST

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