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.

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India Cements Share Price

174.30 0.00 (0.00%) Mar 05, 18:59
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Company Name CMP
Ultratech Cement 6810.25
ACC 1822.95
Shree Cement 27849.85
Ambuja Cement 284.70
Dalmia Bharat 1474.85
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