Orient Cement reported a 384% increase in its net profit during the quarter ending March 2019. Its profit after tax (PAT) stood at Rs 61.98 crore in Q4 FY19 as against Rs 12.81 crore it recorded in the corresponding quarter last fiscal.
The company’s total income stood at Rs 754.89 crore in the said quarter a 21 per cent rise from Rs 623.13 crore it registered in similar quarter previous year.
The Board has recommended a dividend of Rs 0.75 per share on Equity Shares of Rs 1 each of the Company Orient Cement’s total income in the financial year 2018-19 was Rs 2,536.14 crore as against Rs 2,331.07 crore it reported in the previous fiscal. Its net profit was Rs 47.55 crore in FY 19.