CMC reports 9.07% fall in Q1 consolidated net profit

16 Jul 2013

CMC has reported results for first quarter ended June 30, 2013.

The company has reported 116.86% rise in its net profit after tax at Rs 94.53 crore for the quarter as compared to Rs 43.59 crore for the same quarter in the previous year. Total income from operations of the company has increased marginally by 2.34% at Rs 272.55 crore for quarter under review as compared to Rs 266.31 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered a fall of 9.07% in its net profit after tax at Rs 53.13 crore for the quarter as compared to Rs 58.43 crore for the same quarter in the previous year. However, total income from operation of the company, on consolidated basis, has increased by 7.59% at Rs 486.61 crore for quarter under review as compared to Rs 452.28 crore for the quarter ended June 30, 2012.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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