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India Cements Q4 profit surges to Rs1.39 bn

India Cements Q4 profit surges to Rs1.39 bn
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First Published: Fri, Apr 20 2007. 12 24 PM IST
Updated: Fri, Apr 20 2007. 12 24 PM IST
By Archana Chaudhary/ Bloomerg
Mumbai: India Cements Ltd, the country’s fifth-biggest cement maker by market value, said fourth-quarter profit increased more than five times.
Net income climbed to Rs139 crore ($33 million) in the three months to 31 March from Rs27 crore a year earlier, the Chennai-based company said on 20 April in a statement to the BSE.
Sales rose to Rs673 crore from Rs499 crore, the company said.
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First Published: Fri, Apr 20 2007. 12 24 PM IST