Madras Cements has reported results for second ended September 30, 2012.
The company has reported 19.85% rise in its net profit at Rs 132.89 crore for the quarter ended September 30, 2012 as compared to Rs 110.88 crore for the same quarter in the previous year. Total income of the company has increased by 21.64% at Rs 1007.90 crore for quarter under review as compared to Rs 828.59 crore for the quarter ended September 30, 2011.
Madras Cements (MCL) was established in 1957, is part of Ramco Group, a well known business group of South India. It is based at Chennai. The company is the fifth largest cement producer in the country. Ramco Supergrade is the most popular cement brand in South India.
