Q3FY17 Results: India Cements Ltd.
Bhagyashree Vivarekar / 27 Jan 2017
The company reported PAT of Rs 35.34 crore, which represents a sequential QoQ decline of 43.37 per cent and a YoY increase of 1018.35 per cent.
India Cements Ltd. reported its results for the quarter ended December 31, 2016 during market hours today.
The company's total sales for Q3FY17 came in at Rs 1270.95 crore, which represents a 3.31 per cent sequential decline and 19.21 per cent YoY increase. The operating profit (EBIT) for the quarter amounted to Rs 140.06 crore and the EBIT margin stood at 11.02 per cent.
The company reported PAT of Rs 35.34 crore, which represents a sequential QoQ decline of 43.37 per cent and a YoY increase of 1018.35 per cent.
The company's stock opened for trading at Rs 143.15 on the BSE and rose 1.19 per cent for the day and closed at Rs. 144.85.
India Cements is an Indian cement manufacturing company. The company's products portfolio includes general purpose cement, blended cement, SRC and ready mix concrete.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.