Grasim cement Sept despatches up

Grasim Industries has reported a year-on-year increase of 12.63 per cent in cement despatches for the month of September 2004, while its new group company UltraTech Cement has reported a 4.33 per cent decline in despatches for the same month.  At Grasim, despatches for the month stood at 1.162Mt; while at UltraTech despatches amounted to 1.245Mt  Cement production at Grasim rose 6.35 per cent during the month to 1.103Mt, while production at UltraTech declined 4.44 per cent to 893,000t.

For the six-month period between April and September, production at Grasim moved up 4.61 per cent to 6.429Mt, the year-ago corresponding figure being 6.146Mt. Despatches during the half-year grew 5.14 per cent, year-on-year, to 6.578Mt.

The half-yearly production growth figure for UltraTech was 4.16 per cent, with production at 5.9Mt, while the despatches growth figure was 6.14 per cent, with shipping amounting to 7.391Mt, up from 6.964Mt during the first six-month period of the previous year.