Dalmia Cement net up four-fold
Dalmia Cement (Bharat) Ltd today reported a more than four-fold increase in net profit at Rs 50.28 crore for the April-June quarter this fiscal as compared to Rs 10.72 crore in the year-ago period. Sales for the first quarter grew 53.8 per cent at Rs 232.48 crore over the corresponding quarter in 2005-06, the company said in a release.
The cement capacity of the company grew from 1.5Mta to 3.5Mta, after it implemented and commissioned the brown field expansion at its plant in Dalmiapuram, the company’s township near Trichy, it said. With the current expansion, the company hopes to double its turnover to Rs 1200 crore in the current fiscal, it added.
Published under Cement News
