Shree Cement Q4 net up 73% at Rs 114 cr

Shree Cement reported a 73% increase in net profit  at Rs 114 crore for the quarter ended March 2012. It was Rs 66 crore in the same period a year ago.

The total income also rose 43% to Rs 1,555 crore from Rs 1,090 crore in March 2011.

For the financial year ended March 2012, the net profit was up 27% at Rs 267 crore as against Rs 210 crore in FY11.

The total income was up 31% at Rs 4,756 crore as compared to Rs 3,637 crore in FY11.

The company declared a dividend of Rs 6 per share.

The company's stocks were trading 0.17% higher on BSE at Rs 2,666 apiece.