NCL Industries has reported 23% decline in cement production to 4.23 lakh MT in Q3 FY20 from 5.52 lakh MT in Q3 FY19. The cement dispatches also decreased by 22% to 4.30 lakh MT in Q3 FY20 from 5.52 lakh MT in Q2 FY19.
Besides, the company’s cement boards production rose 8% at 19,091 MT for Q3 FY20. However, the cement boards dispatches declined 10% at 14,967 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.