CMI reports 4-fold jump in Q4 net profit

29 May 2019

CMI has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported around 4-fold jump in its net profit at Rs 25.81 crore for the quarter ended March 31, 2019 as compared to Rs 6.84 crore for the same quarter in the previous year. Total income of the company increased by 16.61% at Rs 191.85 crore for quarter under review as compared to Rs 164.52 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a rise of 73.85% in its net profit at Rs 44.94 crore as compared to Rs 25.85 crore for the previous year. Total income of company increased 11.32% at Rs 651.50 crore for year under review as compared to Rs 585.24 crore for year ended March 31, 2018.

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SEBI Registered: Investment Adviser - INA000013323
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