Gujarat Sidhee Cement turns to profit in 1Q

Gujarat Sidhee Cement turns to profit in 1Q
10 February 2009


Gujarat Sidhee Cement swung to profit for the quarter ended December 2008. During the quarter, the company reported profit of INR116.03m compared with a loss of INR33.34m in the same quarter previous year.

Net sales for the quarter jumped 41.01% to Rs 1,145.60m, while total income for the quarter rose 39.43% to Rs 1,145.60m, when compared with the prior year period.

Published under Cement News