Chettinad Cement net falls 19% at Rs 35 cr

Chennai-based Chettinad Cement recorded a 19.3 per cent drop in net profit to Rs 35.14 crore in the quarter ended 30 June, 2009 from Rs 43.54 crore in the year-ago quarter.

Net sales increased  36.33 per cent to Rs 384.91 crore while operating profit grew 21.5 per cent to Rs 72.56 crore for the quarter ended 30 June, 2009.

In the same period, total expenditure increased 31.3 per cent to Rs 294.42 crore from Rs 224.23 crore in the corresponding quarter last year.