ACC has posted an increase of 13.71% in its May 2011 cement dispatches at 1.99 million tonnes against 1.75 million tonnes in May 2010. Similarly, its production for the month under review also surged by 10.44% to 2.01 million tonnes from 1.82 million tonnes in the year ago period.
Meanwhile, the cement maker’s cumulative dispatches for January- May 2011 period increased by 12.75% to 10.26 million tonnes from 9.10 million tonnes for January-May 2010 period. Total production of cement since the beginning of 2011 till May stood at 10.28 million tonnes as compared to 9.15 million tonnes for the year ago period, up 12.35%.
The company’s net profit for the quarter ended March 31, 2011 declined by 13.44% at Rs 350.66 crore as compared to Rs 405.13 crore for the quarter ended March 31, 2010. Its total income for the quarter ended March 31, 2011 increased by 13.98% at 2465.08 crore as compared to Rs 2162.70 crore for the corresponding quarter of the previous year.