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India Cements net at Rs 51.21 cr in Jan-March

business Updated: May 27, 2016 07:36 IST

CHENNAI: India Cements on Thursday reported a standalone net profit of Rs 51.21 crore for the fourth quarter ended March 31, 2015-16, against Rs 36.60 crore a year-ago. “Going forward, we see improved performance with costs under control and demand trigger coming from the expected normal monsoon and increased expenditure on infrastructure,” India Cements vice-chairman and MD N Srinivasan said.

First Published: May 27, 2016 07:36 IST