CMC has reported results for first quarter ended June 30, 2015.
The company has posted three fold jump in its net profit at Rs 128.76 crore for the quarter ended June 30, 2015 as compared to Rs 41.93 crore for the same quarter in the previous year. Total income the company has increased by 36.37% at Rs 435.68 crore for quarter under review as compared to Rs 319.48 crore for the quarter ended June 30, 2014.
On consolidated basis, the company has posted a fall of 3.68% in its net profit at Rs 56.28 crore for the quarter ended June 30, 2015 as compared to Rs 58.43 crore for the corresponding quarter in the FY15. However, total income the company has rose 13.97% at Rs 681.14 crore for quarter under review as compared to Rs 597.64 crore for the same quarter ended previous year.
