Saurashtra Cement Ltd’s net profit at Rs 6.61 cr for Q4FY20
New Delhi: Saurashtra Cement Ltd’s consolidated net profit stood at Rs 6.61 crore for the fourth quarter of the 2019-20 fiscal against a net loss of Rs 5.49 crore in the same quarter of the previous fiscal. The consolidated revenue from operations jumped 10 percent increased to Rs 176.92 crore in the fourth quarter of 2019-20 fiscal as compared to Rs 160.6 crore in the corresponding quarter of the previous fiscal.
The consolidated net profit of the company for the entire fiscal 2019-20 stood at Rs 56.50 crore as compared to a net loss of Rs 4.92 crore in the previous fiscal. The revenue from operations for the entire 2019-20 fiscal declined marginally to Rs 608.18 crore as compared to Rs 621.70 crore in the previous financial year, the company said in a regulatory filing.