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Binani Cement Q2 FY10 : Net surges 3.77 times

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Binani Cement, has posted a significant rise in net profit for the Q2 of the current fiscal (FY10). During the said quarter, the profit of the company rose 3.77 times to Rs 101.14 crore from Rs 26.81 crore in the same quarter previous year(FY09).

The company informed the market that net sales in the present Q2 of current fiscal (FY10) is Rs 432.57 crore and it is a decline of 41.20% as compared to the corresponding quarter of the last fiscal (FY09).

Binani Cement share’s CMP is Rs 65.75 on 23rd Oct 09.

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