Binani Cement posts three-fold increase in Q2 profit
BS Reporter / Mumbai Oct 23, 2009, 14:21 IST
Binani Cement has recorded an over three-fold increase in its net profit at Rs 1,01 crore during the quarter ended September 30, 2009 against Rs 27 crore during the corresponding previous quarter.
Net sales for the quarter surged 41.20 per cent to Rs 4,32.5 crore.
Shares of the company were up 4.35 per cent at Rs 80.40 on the Bombay Stock Exchange. The company posted earnings of Rs 4.98 per share during the quarter.
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