Deccan Cements sees four-fold 3Q net profit surge

India-based Deccan Cements reported a near four-fold hike in its net profit for the third quarter ended 31 December 2018. Net profit surged to INR329.9m from INR89.5m in the 3QFY18-19.

Total income of the company increased from INR1362.1m in the year-ago period to INR5029.2m in the third quarter of the current financial year.

Deccan Cements produces OPC, PPC, blended and slag cement as well as generating hydroelectric, wind and thermal power.