India Cements FY06 net at Rs 43 cr

India Cements has posted a consolidated net profit of Rs 42.73 crore for the year ended March 31, 2006 as compared to a net loss of Rs 42 lakh for FY05.

According to an official release issued to the BSE today, total income has increased from Rs 1183.57 crore in FY05 to Rs 1552.69 crore for FY06.

The company has posted a net profit of Rs 27.03 crore for the quarter ended March 31, 2006 as compared to Rs 73.72 crore for Q4FY05. Total income has increased from Rs 336.15 crore in Q4FY05 to Rs 424.56 crore for Q4FY06.