India Cements Q3 net profit rises 11-fold to Rs 35.34 cr
India Cements Ltd today reported an over 11-fold jump in standalone net profit at Rs 35.34 crore for the third quarter ended December 31, 2016.
It had reported net profit of Rs 3.16 crore in the October-December period last fiscal, India Cements Ltd said in a BSE filing.
The company's total income also was up 19.21 per cent to Rs 1,270.95 crore during the quarter under review as against Rs 1,066.13 crore in the year-ago period.
Its total expenses during the period were up 16.94 per cent to Rs 1,130.89 crore as against Rs 967.03 crore a year ago.
Shares of the company were trading 1.47 up at Rs 145.25 apiece on BSE.
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First Published: Jan 27 2017 | 1:22 PM IST