CMC reports 43% rise in Q4 consolidated net profit

16 Apr 2013

CMC has reported results for fourth quarter and year ended March 31, 2013

The company has posted a rise of 38.31% in its net profit at Rs 46.10 crore for the quarter ended March 31, 2013 as compared to Rs 33.33 crore for the same quarter in the previous year. Total income of the company has increased by 30.12% at Rs 335.83 crore for quarter under review as compared to Rs 258.09 crore for the quarter ended March 31, 2012.

On the consolidated basis, the company has reported 42.86% rise in its net profit at Rs 61.33 crore for the quarter ended March 31, 2013 as compared to Rs 42.93 crore for the same quarter in the previous year. Total income of the company has increased by 27.83% at Rs 523.96 crore for quarter under review as compared to Rs 409.89 crore for the quarter ended March 31, 2012.

For the full year ended March 31, 2013, the company has posted a rise of 38.40% in its net profit at Rs 198.37 crore as compared to Rs 143.33 crore for the same period in the previous year. Total income has increased by 17.75% at Rs 1124.89 crore for year under review as compared to Rs 955.33 crore for the period ended March 31, 2012.

For the full year ended March 31, 2013, on the consolidated basis, the company has posted a rise of 51.66% in its net profit at Rs 230.23 crore as compared to Rs 151.81 crore for the same period in the previous year. Total income increased by 31.20% at Rs 1927.86 crore for year under review as compared to Rs 1469.34 crore for the period ended March 31, 2012.

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