OCL India Q1 net up 21 per cent

OCL India Q1 net up 21 per cent
Published: 21 July 2005

OCL India Ltd has reported a 21 per cent rise in net profit at Rs 14.55 crore during the first quarter of the current fiscal. The company has announced a 17 per cent growth in turnover at Rs 164.87 crore, a press release said.   The company’s President, Mr Gaurav Dalmia said: "Sales continue to be strong and we are successfully containing the pressure of rising input cost". The company is engaged in cement and sponge iron business.