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India Cements Oct-Dec net profit declines 56 pc to Rs 15.24 cr

Press Trust of India  |  New Delhi 

today reported 56.87 per cent decline in its standalone net profit to Rs 15.24 crore for the quarter ended December 2017.

It had reported a net profit of Rs 35.34 crore in the October-December quarter a year ago, informed BSE.

Its total income during the quarter under review was down 4.26 per cent to Rs 1,216.75 crore as against Rs 1,270.95 crore in the corresponding quarter of the last fiscal.

India Cements' total expenses were at Rs 1,201.51 crore in the quarter under review as against Rs 1,216.71 crore in the corresponding quarter of the last fiscal, down 1.24 per cent.

Shares of today settled 0.03 per cent down at Rs 161.35 apiece on BSE.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 09 2018. 17:10 IST