India Cement Q3 net profit down 43.55% at Rs 35 cr

India Cement has declared its third quarter results of FY10. It has reported 43.55% decline in its net profit of Rs 35 crore as against Rs 62 crore.

Net sales increased 14.44% to Rs 864 crore from Rs 755 crore. Bottomline was way below the markets expectations while topline was better-than-estimates; CNBC-TV18 was expecting the net profit at Rs 50.2 crore and net sales at Rs 824.7 crore.

At 13:29 pm, the share was trading at Rs 112.80, down Rs 5.5, or 4.65%. Its current market cap stood at Rs 3,187.52 crore.

Source: CNBC-TV18
Courtesy moneycontrol.com

Also check

NIFTY TIPS

INTRADAY STOCK TIPS

INTRADAY NIFTY TIPS

POSITIONAL NIFTY OPTION TIPS

NIFTY 300