Business Standard

Orient Cement Q1 net jumps over three fold to Rs 56 cr


Press Trust of India New Delhi
CK Birla group firm Orient Cement Ltd on Monday reported over three fold jump in its net profit to Rs 55.89 crore for the June quarter.
The company had reported a net profit of Rs 16.01 crore for the April-June quarter a year-ago, Orient Cement said a BSE filing.
Its total income was up 7.47 per cent to Rs 691.35 crore during the quarter under review, as against Rs 643.24 crore of the corresponding quarter last fiscal.
Orient Cement's total expense was at Rs 604.73 crore in the first quarter of this fiscal as against Rs 616.30 crore in the same period last year, down 1.87 per cent.
Shares of Orient Cement Ltd closed at Rs 99.05 on BSE, down 1.88 per cent from previous close.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 29 2019 | 4:35 PM IST

Explore News