CMC Q2 net up 50 per cent

By Our Corporate Bureau | 12 Oct 2004

Mumbai: CMC Ltd has reported a 50 per cent rise in its net profit at Rs12.68 crore for the quarter ended September 30 as against Rs8.41 crore in the corresponding period last year. The total revenue stood at Rs177 crore as against Rs183 crore in the comparable period in 2003-04.

The company's expenditure came down to Rs157 crore during the period under review (Rs168.2 crore).