India Cements' third quarter net profit at Rs 15.24 crore

For the nine  month  ending December 31, 2017, net profits of the Chennai-based company stood at Rs 65.35 crore as against Rs 141.73 crore registered during a year ago period

India Cements' third quarter net profit at Rs 15.24 crore
The figures for the corresponding quarter of the previous financial year and nine month ending December 31, 2017 do not consider of merged entities and are not comparable. Image source: Reuters
By ZeeBiz WebTeam
Updated: Fri, Feb 09, 2018
07:34 pm
ZeeBiz WebDesk
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India Cements today reported a standalone net profit of Rs 15.24 crore for the third quarter ending December 31, 2017, against a net profit of Rs 35.34 crore during the corresponding quarter of previous financial year.

For the nine month ending December 31, 2017, net profits of the Chennai-based company stood at Rs 65.35 crore as against Rs 141.73 crore registered during a year ago period.

The financial statement for the third quarter and for nine month ending December 31, 2017, include those of the merged entities of Trinetra Cement Ltd and Trishul Concrete Products Ltd with India Cements Ltd.

The figures for the corresponding quarter of the previous financial year and nine month ending December 31, 2017 do not consider of merged entities and are not comparable.