A meeting of the board of directors of Prism Cement will be held on Jan. 08, 2008 to consider declaration of interim dividend on equity shares.
The board at the same meeting shall also consider and approve the company`s un-audited financial results for the quarter ended Dec. 31, 2007.
Prism Cement registered a 2.34 times growth in net profit to Rs 518.40 million for the quarter ended September 2007 as compared with Rs 221.50 million for the corresponding quarter last fiscal.
Net sales for the quarter increased 21.08% to Rs 1,930.90 million as against Rs 1,594.60 million for the same quarter a year ago
Shares of the company declined Rs 3.2, or 4.54% to trade at Rs 67.25. The total volume of shares traded was 2,571,105 at the BSE. (1.16 pm, Monday)
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