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NCL Industries reports 24% decline in cement production in Q2 FY20

09 Oct 2019 Evaluate

NCL Industries has reported 24% decline in cement production to 3.71 lakh MT in Q2 FY20 from 4.88 lakh MT in Q2 FY19. The cement dispatches also decreased by 25% to 3.67 lakh MT in Q2 FY20 from 4.88 lakh MT in Q2 FY19.

Besides, the company’s cement boards production rose 12% at 18,503 MT for Q2 FY20. However, the cement boards dispatches declined 9% at 15,140 MT, during reporting quarter.

NCL Industries is an India-based company that operates in five segments: Cement, Boards, Prefab structures, Hydel Power and Ready Mix Concrete. The company was incorporated in 1979, a part of NCL Group. The company is also in the business activities of Cement, Prefab, Boards, Energy, Ready Mix Concrete Division.

Peers
Company Name CMP
Ultratech Cement 11081.00
Ambuja Cements 386.00
ACC 1236.75
Shree Cement 22337.15
Dalmia Bharat 1720.35
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