Dalmia Cement net sales rose 19.08% to Rs 4145.90mn
Dalmia Cement (Bharat) Ltd. has reported a drop in its standalone net profit for the first quarter ended June 2008. During the quarter, the profit of the company declined 38.34% to Rs 504.60 million from Rs 818.40 million in the same quarter, last year.
Net sales for the quarter rose 19.08% to Rs 4,145.90 million, while total income for the quarter rose 0.78% to Rs 4,230.40 million, when compared with the prior year period.
The company posted earnings of Rs 6.24 a share during the quarter, registering 67.42% decline over previous year period.
Quarterly Results – Standalone (Rs in mn)
As at
Jun – 08
Jun – 07
%Change
Net Sales
4,145.90
3,481.60
19.08
Net Profit
504.60
818.40
(38.34)
Basic EPS
6.24
19.15
(67.42)
During the quarter, interest cost increased 54.10% to Rs 344.10 million while depreciation cost fell 3.57% to Rs 205.20 million over previous year period.
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