Javedan Cement net profit up, India

Javedan Cement net profit up, India
Published: 03 March 2005

Javedan Cement has declared a net profit of Rs 103.861m for the period July-December 2004 as against Rs 26.952m in the same period last year, said the company in a press release.

The company has attributed this achievement to high capacity utilisation, good governance and effective management control. During the period under review, the company produced 195,117t of clinker, up 44,871t from last year. 

While cement production was recorded at 214,943t, 16,118 more as compared to the same period last year.  The press release said that cement sale of were 215,200t – an 11,779t increase YoY.  Such a sale increase is attributed to the ‘State" brand cement due to its quality and better sale strategy.