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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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