CMC net up 33 per cent
 The Financial Express - April 18, 2008

CMC Limited announced its FY08 and Q4 result. The company has announced that it has reported an increase of 33% in its net profit to Rs. 82.3 crore in the year ended March 31, 2008, as compared to Rs. 69.32 crore in the previous year. The company has reported a marginal decline of 0.8% in its total revenue to Rs. 1076.64 crore in the year ended March 31, 2008, as compared to Rs. 1085.3 crore in the last financial year. The company has also reported an increase of 10% in its net profit to Rs. 24.02 crore in the quarter ended March 31, 2008, as compared to Rs. 21.91 crore in the corresponding quarter previous year.

The company mentioned that American geography contributed with 18% growth over the previous year, and that emphasis on growing international business will continue.

 

 

 

 

 


 
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