Burnpur Cement net soars 17.59 times for Sep 10 quarter

Burnpur Cement net soars 17.59 times for Sep 10 quarter
Published: 22 October 2010

Burnpur Cement  disclosed a phenomenal rise in standalone net profit for the quarter ended September 2010.  During the quarter, the profit of the company rose 17.59 times to INR1.07m from INR 0.06m in the same quarter last year.

Net sales for the quarter declined 7.50 per cent to INR56m, while total income for the quarter fell 7.21 per cent to INR56.4m, when compared with the prior year period. Shares of the company declined INR 0.02, or 0.17 per cent, to trade at  INR11.50.  The total volume of shares traded  was  29,272 at the BSE.