India Cements has reported results for second quarter ended September 30, 2016.
The company has reported 62.10% rise in its net profit at Rs 62.41 crore for the quarter under review as compared to Rs 38.50 crore for the same quarter in the previous year. Total income of the company increased by 6.94% at Rs 1314.44 crore for the quarter under review as compared Rs 1229.10 crore for the corresponding quarter previous year.
India Cements is the largest producer of cement in South India and one of the largest cement manufacturer in the country with a total installed cement manufacturing capacity of 14.05 mtpa (million tonnes per annum).