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Financial Daily from THE HINDU group of publications Saturday, July 07, 2001 |
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Priyadarshini Cement nets Rs 4.49 cr
HYDERABAD: Priyadarshini Cement Ltd has posted a turnover of Rs 60.28 crore and a net profit of Rs 4.49 crores during the fourth quarter of last fiscal as against a turnover of Rs 42.71 crores and a net loss of Rs 3.01 crores during the corresponding per
iod in the previous year.
In 2000-01, the turnover and net profit stood at Rs 199.33 crore and Rs 2.61 crore respectively. Apart from higher price realisation, a reduction in power and fuel consumption last fiscal seemed to have helped the company to come out of the red.
Power and fuel consumption cost during the year under consideration has come down to Rs 15.13 crore from Rs 17.12 crore in 1999-2000. The company has a paid-up equity share capital of Rs 22.11 crore. -- Our Bureau
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