Orient Cement has reported results for fourth quarter and year ended March 31, 2017.
The company has reported a fall of 10.56% in its net profit after tax at Rs 16.52 crore for the quarter ended March 31, 2017 as compared to Rs 18.47 crore for the same quarter in the previous year. However, total income of the company increased by 36.98% at Rs 695.70 crore for quarter under review as compared to Rs 507.88 crore for the quarter ended March 31, 2016.
For the year ended March 31, 2017, the company has posted a net loss of Rs 32.10 crore as against net profit of Rs 62.36 crore in FY16. However, total income of company increased by 28.51% at Rs 2183.56 crore for year under review as compared to Rs 1699.19 crore for the year ended March 31, 2016.
