Wednesday, January 16, 2008

India Cements Announces Q3 Results

India Cements Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 1270.50 million for the quarter ended December 31, 2007 where as the same was at Rs 797.80 million for the quarter ended December 31, 2006. Total Income is Rs 8575.60 million for the quarter ended December 31, 2007 where as the same was at Rs 5439.20 million for the quarter ended December 31, 2006.

The accounts for the current quarter have been prepared after taking into account the transactions of erstwhile Visaka Cement Industry Ltd (VCIL) and are therefore not comparable with the corresponding figures of previous periods which do not include transactions of VCIL.

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