Breaking News

You are here » Indian-Commodity  :  Corporate  :  India Cements reports 16% rise in Q1 net profit

18-Aug2016

India Cements reports 16% rise in Q1 net profit

India Cements has reported results for first quarter ended June 30, 2016.

The company has registered 16.35 % rise in its net profit at Rs 43.98 crore for the quarter as compared to Rs 37.8 crore for the same quarter in the previous year. Total income of the company decreased by 1.63 % at Rs 1205.72 crore for quarter under review as compared to Rs 1225.7 crore for the quarter ended June 30, 2015.

India Cements is the largest producer of cement in South India and one of the largest cement manufacturer in the country with a total installed cement manufacturing capacity of 14.05 mtpa (million tonnes per annum).


Related News

View all news

Bangalore Fort enters into farm management agreement

Bangalore Fort Farms has entered into a farm management agreement for contract farming on a 30 acres land situated at Bhikharipur village, Rajatalab tahsil, Varanasi in state of Uttar Pradesh. This contract......

RIL gets nod to invest $25 million in Jerusalem Innovation Incubator

Reliance Industries (RIL) has received an approval to set up and invest in a technology incubator by the name Jerusalem Innovation Incubator (JII), licensed by Israel Innovation Authority (IIA), Ministry......

Suven Life Sciences secures one product patent in Australia

Suven Life Sciences (Suven) has secured one product patent in Australia corresponding to the New Chemical Entities (NCEs) for the treatment of disorders associated with Neurodegenerative diseases and these......

Top News

View all news

Suven Life Sciences secures one product patent in Australia

Suven Life Sciences (Suven) has secured one product patent in Australia corresponding to the New Chemical Entities (NCEs) for the treatment of disorders associated with Neurodegenerative diseases and these......

Bangalore Fort enters into farm management agreement

Bangalore Fort Farms has entered into a farm management agreement for contract farming on a 30 acres land situated at Bhikharipur village, Rajatalab tahsil, Varanasi in state of Uttar Pradesh. This contract......

RIL gets nod to invest $25 million in Jerusalem Innovation Incubator

Reliance Industries (RIL) has received an approval to set up and invest in a technology incubator by the name Jerusalem Innovation Incubator (JII), licensed by Israel Innovation Authority (IIA), Ministry......