Prism Cement net surges

Prism Cement net surges
Published: 26 April 2006

Prism Cement reported a 114 per cent increase in net profits to Rs 24.39 crore for the quarter ended March 2006 compared with Rs 11.35 crore recorded in the corresponding period last year, reports Business Standard.  The company’s net sales was up 63 per cent to Rs 167.1 crore as against Rs 102.5 crore in the year-ago period. The Hyderbad-based company`s gross profit rose 94 per cent to Rs 45.2 crore from Rs 23.2 crore last year.  The company`s total income was up by almost 63 per cent at Rs 167.4 crore as against Rs 102.47 crore last year.