India Cements Ltd has posted Rs 40.10-crore net profit in the first quarter of the current fiscal ended June 30, 2015.

The Chennai-based company had registered net loss of Rs 2.96 crore in the corresponding quarter of the previous financial year, India Cements Ltd said in a BSE filing.

For the financial year ending March 31, 2015, the net profit stood at Rs 29.45 crore.

Total income from operations for the April-June 2015 quarter slipped to Rs 1,075.45 crore from Rs 1,234.82 crore registered during the year-ago period.

For the 12-month period ended March 31, 2015, the total income from operations stood at Rs 4,453.85 crore.

Shares of the company were trading at Rs 83.20 a scrip, down by 0.42 per cent, on the BSE.

comment COMMENT NOW