CMC has reported results for first quarter ended June 30, 2014.
The company has reported 55.64% fall in its net profit at Rs 41.93 crore for the quarter as compared to Rs 94.53 crore for the same quarter in the previous year. Total income from operations of the company has increased by 15.70% at Rs 314.66 crore for quarter under review as compared to Rs 271.97 crore for the quarter ended June 30, 2013.
On the consolidated basis, the group has reported 10% rise in its net profit at Rs 58.43 crore for the quarter as compared to Rs 53.12 crore for the same quarter in the previous year. Total income from operations of the group has increased by 21.93% at Rs 592.64 crore for quarter under review as compared to Rs 486.04 crore for the quarter ended June 30, 2013.
