Financial Daily from THE HINDU group of publications
Thursday, Mar 03, 2005
Financial Daily from THE HINDU group of publications Thursday, Mar 03, 2005 |
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Corporate
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Performance Gujarat Ambuja despatches down in Feb 11 pc; ACC up Our Bureau
Mumbai , March 2 GUJARAT Ambuja has reported an 11 per cent drop in cement despatches, year-on-year, for the month of February 2004. This was due to adverse weather conditions this winter in the northern region of the country, as well as a drop in exports, said company sources. It could also be due to the fact that the previous year saw a surge in exports around this time. Despatches dropped to 11 lakh tonnes this February, down from 12.41 lakh tonnes reported for February last. Production fell 10 per cent to 11.01 lakh tonnes, down from 12.28 lakh tonnes. ACC reported a 2.9 per cent increase in despatches for the month at 13.72 lakh tonnes (13.33 lakh tonnes). The company reported an increase in production of 5.3 per cent for the month. Production amounted to 13.75 lakh tonnes (13.05 lakh tonnes).
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