India Cements today said its net profit fell by 39.69 per cent to Rs 134.27 crore for the second quarter ended September 30.
The cement maker had a net profit of Rs 222.65 crore in the same quarter last fiscal, India Cements Ltd said in a filing to the Bombay Stock Exchange.
Total income rose to Rs 1,096.59 crore for the quarter under review from Rs 891.35 crore a year-ago.
For the six months ended September 30, India Cement posted a net profit of Rs 276.41 crore, against Rs 406.05 crore in the same period last fiscal, down by 32 per cent.
While, net sales rose to 2,063.67 crore for the six months ended September 30, from Rs 1,721.83 crore in the same period a year ago.
Shares of the company were trading at Rs 80.75, up 7.45 per cent in afternoon trade on the BSE.
