India Cements clocks net profit of Rs 44 cr for Q4FY21
New Delhi: Chennai-based India Cements reported a consolidated net profit of Rs 44 crore for the fourth quarter of the last fiscal as compared to a net loss of Rs 12 crore in the corresponding quarter of the previous fiscal.
The cement maker’s consolidated revenue from operations jumped to Rs 1,472 crore in the fourth quarter of the last fiscal as against Rs 1,176 crore in the same quarter of the previous fiscal, the company said in a regulatory filing.
For the whole of last fiscal, the company clocked a consolidated net profit of Rs 208 crore as compared to Rs 53 crore in the previous fiscal. The consolidated revenues from operations in the last fiscal dropped to Rs 4,510 crore as against Rs 5,186 crore in the previous fiscal.
The board of directors of India Cements recommended a final dividend of Re 1 per equity share for Rs 10 each for the last fiscal.