Cement majors’ May sales up, India
Indian cement manufacturers have reported widely varying YoY sales for May 2006.
The Associated Cement Companies reported flat growth in sales at 1.522Mt for May 2006, marginally lower than a year ago when May sales were recorded at 1.524Mt. Production too was almost unchanged at 1.563Mt (1.565Mt).
The Aditya Birla group reported combined sales of 2.83Mt for May, which it said was 7.9 per cent higher from a year ago. The sales figures include those for Grasim Industries as well as UltraTech Cement for which separate figures were not provided. Gujarat Ambuja Cements reported a 20 per cent growth in despatches for May, which were recorded at 1.312Mt (1.097Mt). Production grew by 19 per cent to 1.315Mt (1.104Mt).
Published under Cement News
