Cement majors post increase in sales
India’s cement majors have reported a substantial year-on-year increase in volume sales for the month of February. The Associated Cement Companies reported a 11.8 per cent increase in sales at 1.534Mt in February this year as against 1.372Mt in February last year. Gujarat Ambuja Cements Ltd reported a 16 per cent increase in despatches, which figured at 1.072Mt. The Aditya Birla group’s (largely Grasim and UltraTech) cement despatches for the month grew by 16.06 per cent, to 2.535Mt. Production increased as well. ACC reported a 12.2 per cent increase in production for the month, which stood at 1.543Mt. At GACL, production grew by 12 per cent to 1.051Mt. The Aditya Birla group reported a 13.34 per cent increase in production, which stood at 2.524Mt.
Published under Cement News
