Prism Cement reports a loss of Rs 9.97 crore for Q1

20 Jul 2011

Prism Cement has reported results for its first quarter ended June 30, 2011

The company has reported a net loss for the quarter at Rs 9.97 crore as compared to a net profit of Rs 55.90 crore for the quarter ended June 30, 2010. Its total income has increased by 36.01% to Rs 989.12 crore for the quarter under review from Rs 726.82 crore for the corresponding quarter of the previous year.

Prism Cement is cement manufacturing company. The company manufactures and markets Portland Pozzollana Cement (PPC) under the brand name ‘Champion’ which is company’s largest selling product.

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