Gujarat Sidhee Cement Ltd’s net profit jumps more than four-fold to Rs 16.27 cr for Q4FY20
New Delhi: Gujarat Sidhee Cement Ltd’s consolidated net profit jumped more than four times to Rs 16.27 crore in the fourth quarter of the 2019-20 fiscal as compared to Rs 4.8 crore in the corresponding period of the previous fiscal. The consolidated revenue from operations increased marginally to 165.48 crore for the fourth quarter of the 2019-20 fiscal as compared to Rs 155.78 crore in the same period of the previous financial year.
For the entire fiscal 2019-20, the consolidated net profit of the company stood Rs 44.83 crore as compared to a net loss of Rs 5.87 crore in the previous fiscal. The consolidated revenues from operations for the entire 2019-20 fiscal increased marginally to Rs 584.75 crore as against Rs 563,23 crore in the previous fiscal, the company said in a regulatory filing.