India Cements Q3 net profit rises 11 fold to Rs 35.34 cr

The company's total income also was up 19.21 percent to Rs 1,270.95 crore during the quarter under review as against Rs 1,066.13 crore in the year-ago period.

January 27, 2017 / 13:55 IST

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India Cements Ltd today reported an over 11-fold jump in standalone net profit at Rs 35.34 crore for the third quarter ended December 31, 2016.

It had reported net profit of Rs 3.16 crore in the October-December period last fiscal, India Cements Ltd said in a BSE filing.

The company's total income also was up 19.21 percent to Rs 1,270.95 crore during the quarter under review as against Rs 1,066.13 crore in the year-ago period.

Its total expenses during the period were up 16.94 percent to Rs 1,130.89 crore as against Rs 967.03 crore a year ago.

Shares of the company were trading 1.47 up at Rs 145.25 apiece on BSE.

first published: Jan 27, 2017 01:50 pm

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