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India Cements today reported a standalone net profit of Rs 36.60 crore for the quarter ended March 31, 2015.
The cement maker had reported a net loss of Rs 157.12 crore during the January-March quarter of 2013-14.
The standalone total income from operations during the quarter was at Rs 1,043.10 crore, registering a decline of 7.25 per cent from a year ago, India Cements said in a regulatory filing on BSE.
For the full year 2014-15, the company’s standalone net profit stood at Rs 29.45 crore. In 2013-14, it had reported a net loss of Rs 162.41 crore.
Total income, however, dropped to Rs 4,453.85 crore in 2014-15, from Rs 4,496.81 crore a year ago.
On a consolidated basis, India Cements reduced significantly its loss to Rs 1.19 crore in 2014-15, from Rs 242.45 crore loss during FY 2013-14.
Total income decreased to Rs 5,082.85 crore for the year ended March 31, 2015, from Rs 5,109.05 crore for the year ended March 31, 2014, the filing said.
Shares of the company were flat at Rs 92.35 apiece on the BSE.
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