Heidelberg Cement has reported results for the first quarter ended March 31, 2014
The company has reported close to twenty two folds jump in its net profit at Rs 47.85 crore for the quarter ended March 31, 2013 as compared to Rs 2.20 crore for the same quarter in the previous year. Total income from operations of the company has increased by 8.97% at Rs 402.99 crore for quarter under review as compared to Rs 369.83 crore for the quarter ended March 31, 2013.
Heidelberg Cement India is one of the leading producers of building materials worldwide. The company manufactures portland slag cement and portland pozzolana cement. The company has manufacturing facilities located at Ammasandra (Karnataka), Damoh (MP) and Jhansi (UP) and has total production capacity of 5.9 million tonnes per annum.