Monday, November 14, 2011

INDIA: India Cement swings to profit in Q2



India Cement has postednet profit of Rs 697.1 million for the quarter ended Sept. 30, 2011 as compared to net loss of Rs 336.3 million for the quarter ended Sept. 30, 2010.

Total income has increased 29.51% from Rs 8,428.4 million for the quarter ended Sept. 30, 2010 to Rs 10,916 million for the quarter ended Sept. 30, 2011.


Shares of the company declined Rs 0.75, or 0.97%, to trade at Rs 76.50. The total volume of shares traded was 62,350 at the BSE

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