Orient Cement sees 249% rise in net profit

India’s Orient Cement has reported a 7.5 per cent YoY rise in total income for the quarter ending 30 June 2019, rising to INR6.91bn (US$100.56m) from INR6.43bn.

Net profit for the 1QFY19-20 surged 249.1 per cent to INR558.9m, compared with INR160.1m of the year-ago period.