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Stock Report
CMC announces Q4 & FY 07 results
Posted On : 2007-04-16 00:53:29( TIMEZONE : IST )
CMC Ltd has announced the results for the quarter & year ended March 31, 2007.
The Company has posted a profit after tax of Rs 195.460 million for the quarter ended March 31, 2007 as compared to Rs 85.533 million for the quarter ended March 31, 2006. Total Income has decreased from Rs 2597.184 million for the quarter ended March 31, 2006 to Rs 2511.130 million for the quarter ended March 31, 2007.
The Company has posted a profit after tax of Rs 640.990 million for the year ended March 31, 2007 as compared to Rs 441.100 million for the year ended March 31, 2006. Total Income has increased from Rs 8577.571 million for the year ended March 31, 2006 to Rs 9944.037 million for the year ended March 31, 2007.
The Unaudited consolidated results for the Quarter ended March 31, 2007
The Group has posted a profit after tax of Rs 208.260 million for the quarter ended March 31, 2007 as compared to Rs 99.530 million for the quarter ended March 31, 2006. Total Income has increased from Rs 2790.529 million for the quarter ended March 31, 2006 to Rs 2905.785 million for the quarter ended March 31, 2007.
The Audited consolidated results for the Year ended March 31, 2007
The Group has posted a profit after tax of Rs 693.241 million for the year ended March 31, 2007 as compared to Rs 485.475 million for the year ended March 31, 2006. Total Income has increased from Rs 9161.569 million for the year ended March 31, 2006 to Rs 10853.021 million for the year ended March 31, 2007.
The Register of Members & Share Transfer Books of the Company will remain closed from June 18, 2007 to June 22, 2007 (both days inclusive) for the purpose of payment of dividend and 31st Annual General Meeting of the Company to be held on June 25, 2007.
The stock was trading at Rs.1226, down by Rs.32.45 or 2.58%. The stock hit an intraday high of Rs.1305 and low of Rs.1221.05. The total traded quantity was 27336 compared to 2 week average of 11756.
