India Cements ' net
profit fell by 29.7 percent to Rs 49 crore in the three months period ended
September 2012 from Rs 69.7 crore in a year ago period due to foreign exchange
loss of Rs 14.85 crore during the quarter.
Net sales rose just 3 percent to Rs 1,123 crore from Rs
1,089 crore during the same period.
Earnings before interest, tax, depreciation and amortization
(EBITDA) declined to Rs 208 crore in the September quarter from Rs 251.9 crore
in the corresponding quarter of last fiscal.
EBITDA margin dropped 450 basis points year-on-year to 18.5
percent during the quarter.
At 14:07 hours IST, the stock went down 0.66 percent to Rs
97.10 on the Bombay Stock Exchange.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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