Prism Johnson clocks net profit of Rs 47 cr in Q3Fy21

New Delhi: Cement maker Prism Johnson registered net profit of Rs 47 crore in the third quarter of the ongoing fiscal as compared to Rs 2.6 crore in the same quarter of the previous fiscal. 

The company's consolidated net income jumped 4 percent at Rs 1,532 crore, from Rs 1,469 crore it recorded in the same quarter last year, the company said in a regulatory filing.

The company is planning to invest Rs 139 crore to increase the current manufacturing capacity by 0.9 million tonnes per annum to 5.6 millon tones at Satna (Madhya Pradesh). 

The company is also planning to commission the remaining solar power capacity of 12.5 MW (out of the 25MW) by March 2021.