India Cements profits soar to Rs 35 crore

Chennai, Jan 27: Cement maker India Cements Ltd on Friday said it closed the third quarter of the current fiscal with a net profit of Rs 35.34 crore as compared to Rs 3.16 crore for the quarter ended December 31, 2015.

In a regulatory filing with BSE, the company also said its total income has increased from Rs 1,066.13 crore for the quarter ended December 31, 2015 to Rs 1,270.95 crore for the quarter ended December 31, 2016.