India Cements, a dominant southern cement player, has posted a fourfold increase in its net profit for the quarter ended June 2011.
The company's net profit increased by 308% at Rs 102 crore for quarter ended June 30, 2011 compared with Rs 25 crore in the corresponding period last year. The company's net sales rose 20% to Rs 1,056.8 crore for quarter ended June 30, 2011 from Rs 880.6 crore in the corresponding period last year.
India Cements manufactures Ready to Mix concrete (RMC)-53 grade cement. Its Coromandel King, Sankar Sakthi and Raasi Gold are 53 grade OPC (Ordinary Portland Cement) , which are high strength cement used for building runways, concrete roads and bridges.
Company Name | CMP |
---|---|
Ultratech Cement | 9334.95 |
ACC | 2389.60 |
Shree Cement | 24446.95 |
Ambuja Cement | 611.95 |
Dalmia Bharat | 1952.25 |
View more.. |