Orient Cement profit doubles to Rs. 85 crore
CK Birla group company Orient Cement Ltd’s net profit more than doubled at Rs.85 crore in the fourth quarter ended March 31, 2015, compared with Rs. 26 crore in the year-ago period. The revenue of the company, however, declined marginally at Rs. 394 crore ( Rs. 401 crore). For the full year, revenue and net profit increased 8 per cent and 93 per cent at Rs. 1,547 crore and Rs. 194 crore, respectively, as per the results announced by the company on Friday. In an interaction with theBusinessLine , its MD and CEO said the increase in profit was driven by optimisation of operational costs and better market realisation.
Business Line
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