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Udaipur Cement Q4 net profit rises 10% at Rs 12.36 cr

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Press Trust of India New Delhi
Udaipur Cement Works today reported a 10 per cent growth in standalone net profit at Rs 12.36 crore for the March quarter.

The firm had clocked a net profit of Rs 11.22 crore in the year-ago period, it said in a BSE filing.

However, the total standalone income of the company fell by 16 per cent to 21.84 crore in January-March quarter of 2015-16 fiscal as against Rs 25.93 crore in the same period a year ago.

Total expenses of the firm declined to Rs 21.76 crore compared with Rs 25.93 crore during the quarter under review.

For the entire 2015-16 fiscal, Udaipur Cement's standalone net profit was higher at Rs 12.02 crore from Rs 9.95 crore in 2014-15.
 

Its total income was lower at Rs 88 crore in the fourth quarter as against Rs 92.43 crore during the same period a year ago.

Udaipur Cement shares today closed 1.73 per cent down at Rs 11.90 apiece on BSE.

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First Published: May 13 2016 | 3:57 PM IST

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