Samruddhi Cement Q1 net at Rs 315 cr

Aditya Birla Group's Samruddhi Cement today recorded a Rs 315 crore net profit for the June quarter of the current fiscal.

NEW DELHI: Aditya Birla Group's Samruddhi Cement today recorded a Rs 315 crore net profit for the June quarter of the current fiscal.

The results of the company could not be compared, as it was demerged from the holding firm, Grasim Industries, with effect from October 1, 2009, Samruddhi said in a statement.

Net sales of Samruddhi Cement during the April-June period of the current fiscal was at Rs 2,199.96 crore.

Meanwhile, Samruddhi Cement will be merged with Ultratech with effect from August 1, 2010.
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