Mumbai, March 2
Cement majors have reported a substantial year-on-year increase in volume sales for the month of February. The Associated Cement Companies reported a 11.8 per cent increase in sales at 15.34 lakh tonnes in February this year as against 13.72 lakh tonnes in February last year. Gujarat Ambuja Cements Ltd reported a 16 per cent increase in despatches, which figured at 10.72 lakh tonnes (9.27 lakh tonnes). The Aditya Birla group's (largely Grasim and UltraTech) cement despatches for the month grew by 16.06 per cent, to 25.35 lakh tonnes. Production increased as well. ACC reported a 12.2 per cent increase in production for the month, which stood at 15.43 lakh tonnes. At GACL, production grew by 12 per cent to 10.51 lakh tonnes.
The Aditya Birla group reported a 13.34 per cent increase in production, which stood at 25.24 lakh tonnes.
(This article was published in the Business Line print edition dated March 3, 2006)