Orient Cement posts net profit of Rs 10 cr in Q2
CK Birla group firm Orient Cement today reported a net profit of Rs 10.15 crore in the second quarter ended September 30.
The company had reported a net loss of Rs 29.39 crore in the year-ago quarter, Orient Cement said in a BSE filing.
Revenue from operations was at Rs 523.07 crore during the quarter under review as against Rs 444.93 crore in the same period last fiscal.
Total expenses during the second quarter were at Rs 513.93 crore as compared to Rs 495.78 crore in the corresponding period last fiscal, the company said.
Shares of Orient Cement were trading at Rs 179.35 apiece in the afternoon trade, up 4.12 per cent from the previous close on BSE.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.