Tuesday, January 5, 2010

Prism Cement:Q3FY10 Result Update

Prism Cement on Tuesday reported a 35.25 per cent growth in its net profit at Rs 41.97 cr for the third quarter ended December 31, 2009, over the corresponding period a year earlier.

 
Net sales of the company rose to Rs 229.97 cr in the latest quarter of the current fiscal from Rs 214.79 cr of the year—ago period. For the nine—month period that ended in December, Prism Cement posted a net profit of Rs 151.19 cr, up 41.27 per cent, aga inst Rs 107.02 cr. Shares of Prism Cement closed at Rs 51.50, up by 1.58 per cent, from its previous close on the BSE.

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