Friday, May 25, 2012

Madras Cements Q4 net profit up 55% at Rs 99 cr


Madras Cements ' net profit increased 54.7% to Rs 99 crore for the fourth quarter of FY12 from Rs 64 crore in a year ago period.

Net sales jumped 32.9% to Rs 912 crore from Rs 686 crore during the same period.

At 14:21 hours IST, the stock was down 1.3% to Rs 136.25, but its trading volumes spiked 1,275% to 94,852 shares as compared to its 5-day average of 6,901 shares.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd 

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