Mangalam Cement, part of the B K Birla group, today said its net profit for the quarter ended December 31, 2008, declined by 33.60 per cent to Rs 17.09 crore.
The company had a net profit of Rs 25.74 crore for the same quarter of FY08.
The total income of the company rose to Rs 141.11 crore for the quarter under review, as against Rs 122.59 crore for the same quarter corresponding year.
For the nine-month ended December 31, the company has posted a net profit of Rs 58.59 crore, as against Rs 79.43 crore a year ago.
