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Sagar Cements has reported unaudited results for the first quarter ended June 30, 2011.

The company’s profit for the quarter ended June 30, 2011 has zoomed by 3330.19% at Rs 18.18 crore as compared to Rs 0.53 crore for the corresponding quarter last year. Its net sales has grown by 32.23% at Rs 172.50 crore for the quarter under review from Rs 130.45 crore for the same quarter last year.

Sagar Cements has recommended a dividend of 20% or Rs 2 per share on the equity shares of the company for the year ended March 31, 2011.

Peers
Company Name CMP
Ultratech Cement 10620.10
Ambuja Cements 358.65
ACC 1167.00
Shree Cement 22300.90
Dalmia Bharat 1625.30
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