India Cements Excels

India Cements Posts A Whopping 5-Fold Increase In Net Profit For Q2

India Cements has reported a net profit of ₹41.04 crore for the quarter ended September 30, as against ₹7.49 crore for the corresponding period last year.
Total income was ₹1,082.37 crore for the quarter ended September 30, as against ₹1,135.85 crore for the corresponding period last year.
Net Plant Realisation was ₹3,887 per tonne for the quarter ended September 30, as against ₹3,506 per tonne for the corresponding period last year.
Total Sales Volume was 2.16 million tonne for the quarter ended September 30, as against 2.35 million tonne for the corresponding period last year.

Power and Fuel Costs were ₹220.20 crore for the quarter ended September 30, as against ₹265.13 crore for the corresponding period last year.
Finance Costs were ₹89.39 crore for the quarter ended September 30, as against ₹100.67 crore for the corresponding period last year.

Plant Capacity was at 60% utilisation for the quarter under review.
Clinker exports were also lower for the quarter under review.

India Cements has a total installed cement capacity of 15.5 MPTA. The company's annual turn-over is around ₹52.31 Billion. The company has 10 plants scattered across the country, though the bulk of it's operations are in South India.