Indianconstructionindustry Newsalert:Sri Cement swings to Rs 65.73 cr profit

Total income of the company has increased from Rs 949.46 crore for the quarter ended March 31, 2010 to Rs 1,072.67 crore for the quarter ended March 31, 2011, up by 12.97 per cent, it said in a statement.

However, for the year ended march 31, 2011, its net profit has declined by 68.98 per cent at Rs 209.70 crore as compared to Rs 676.10 crore for the year ended March 31, 2010.Total income has decreased from Rs 3707.96 crore for FY10 to Rs 3558.64 crore for FY11, dip by 4.02 per cent, it added.

For details, view the entire article by subscribing to Indian Construction industry News at http://www.indianconstructionindustry.com/construction_news/construction_news.php,(or) browse other breaking industrial news stories at www.indianconstructionindustry.com.

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