Orient Cement standalone net profit declines 10.56% in the March 2017 quarter
Sales rise 36.99% to Rs 596.68 crore
Net profit of Orient Cement declined 10.56% to Rs 16.52 crore in the quarter ended March 2017 as against Rs 18.47 crore during the previous quarter ended March 2016. Sales rose 36.99% to Rs 596.68 crore in the quarter ended March 2017 as against Rs 435.55 crore during the previous quarter ended March 2016.For the full year,net loss reported to Rs 32.10 crore in the year ended March 2017 as against net profit of Rs 62.36 crore during the previous year ended March 2016. Sales rose 28.22% to Rs 1875.14 crore in the year ended March 2017 as against Rs 1462.43 crore during the previous year ended March 2016.
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