Chettinad Cement Corporation announced a substantial rise in standalone net profit for the quarter ended September 2009. During the quarter, the profit of the company rose 30.24% to INR 444.90 million from INR 341.60 million in the same quarter previous year.
Net sales for the quarter for the quarter rose 29.94% to INR 3,647.40 million, while total income for the quarter rose 30.25% to INR 3,665.20 million, when compared with the prior year period. It reported earnings of INR 15.08 a share during the quarter, registering 2.63 times growth over previous year period.
During the quarter, the operating margin of the company rose by 596.37 basis points to 41.36% compared with the previous year period. Interest cost increased 77.86% to INR 226.60 million while depreciation cost rose 8.13% to INR 642.50 million over previous year period.
http://www.steelguru.com/news/index/2009/10/23/MTE3MTU5/Chettinad_Cement_Corp_net_up_by_30pct_for_September_quarter.html
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment