India Cements Q3 net jumps 160% to Rs 56 cr

Net profit of India Cements zoomed 161% to Rs 56.3 crore for the quarter ended December 2011 from Rs 21.5 crore in the same period a year ago.

Net sales increased 20.5% to Rs 941 crore from Rs 781 crore in December 2010.

The company's stock was trading 4.5% upwards from previous close at Rs 98 on Bombay Stock Exchange at 1240 hours.