India Cements Q2 Results

India Cements Ltd has announced the following Audited Results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 2226.50 million for the quarter ended September 30, 2007 where as the same was at Rs 1173.20 million for the quarter ended September 30, 2006. Total Income is Rs 8960.90 million for the quarter ended September 30, 2007 where as the same was at Rs 5915.00 million for the quarter ended September 30, 2006.

The accounts for the current quarter have been prepared after taking into account the transactions of erstwhile Visaka Cement Industry Ltd (VCIL) and are therefore not comparable with the corresponding figures of previous periods which do not include transactions of VCIL.