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Thursday, Jul 21, 2005

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OCL India Q1 net up 21 pc

Our Bureau

NEW DELHI: OCL India Ltd has reported a 21 per cent rise in net profit at Rs 14.55 crore during the first quarter of the current fiscal. The company has announced a 17 per cent growth in turnover at Rs 164.87 crore, a press release said.

The company's President, Mr Gaurav Dalmia, said: "Sales continue to be strong and we are successfully containing the pressure of rising input cost". The company is engaged in cement and sponge iron business.

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