Anjani Portland Cement Posts Excellent Q2 Results
Hyderabad based Anjani Portland Cement has posted its 2015 Q2 results.Net Profit stood at Rs.9.60 crore, against Rs.2.88 crore for the corresponding quarter last year, an increase of 233 %.
Net Sales stood at Rs.79.13 crore, against Rs.67.07 crore for the corresponding quarter last year, an increase of 26 %.
Finance Cost stood at Rs.4.08 crore, against Rs.7.78 crore for the corresponding quarter last year, an decrease of 48 %.
The cement and cement products maker posted such excellent results on the back of strong realization and lower finance cost.
Anjani Portland Cement started with an initial production capacity of 0.3 million tonnes per annum in 1999. Its current cement production capacity is 1.2 million tonnes per annum. Its second plant powered with the latest modern technology had started operations in 2010.
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