ACC Post Results

LafargeHolcim Unit ACC Cements' Results

Cement major ACC Cement, which is a unit of the world's largest cement maker, LafargeHolcim, reported 15.20 % increase in consolidated net profit at Rs. 209.14 crore for the third quarter ended September 30, led by volume growth spurred by higher demand. The cement company, which follows January-December financial year, had posted a net profit of Rs 181.53 crore last year.

Major highlights are:
1. Total income from operations was up 10.35 % to Rs. 3,465.92 crore as against Rs. 3,140.76 crore in the September quarter of 2017.
2. Total expenses were at Rs 3,160.38 crore current as against Rs 2,877.00 crore previous.
3. Cement sales were up 9.89 % to 6.55 million tonne (MT) current as against 5.96 MT previous.
4. Cement sales volume grew by 10 per cent during the quarter spurred by higher demand.
5. Revenue from Ready Mix Concrete was Rs.303.33 crore.
6. Ready Mix concrete sales volumes grew 12 % driven by an increase in the sale of value added products and the addition of 8 new plants across India.

Outlook:
ACC said it will continue to maintain its focus on operating efficiencies to improve performance. Demand drivers including growth in affordable and rural housing segments as well as infrastructure projects is expected to remain healthy. ACC were optimistic that cement demand growth would strengthen in the coming year.

Nagarjuna Cements

NCL Industries Posts Good Results

Hyderabad based NCL Industries reported strong sales and dispatch data for the quarter ended September 2018. For the quarter and half year ended September 2018, the company's cement production has increased by 32 percent to 4.88 lakh MT from 3.69 lakh MT. Cement dispatches also increased by 31 percent to 4.88 lakh MT from 3.72 lakh MT. Its cement boards production and dispatches rose 19 percent and 7 percent at 16,458 MT and 16,728 MT respectively.

The company markets OPC as well as PPC cement under the brand name Nagarjuna Cement and a special cement (IRS Grade 53 S) is manufactured for supply to Indian Railways for concrete sleepers. Nagarjuna is the only private company in the state of Andhra Pradesh that manufactures special 53-S grade cement. The total installed capacity is 2 MTPA from 2 cement units.

NCL Industries is an India-based Hyderabad headquartered company that operates in five segments: Cement, Boards, Prefab structures, Hydel Power and Ready Mix Concrete. The company was incorporated in 1979, a part of NCL Group. The company is also in the business activities of Cement, Prefab, Boards, Energy, Ready Mix Concrete Division.

Nagarjuna Cement

Nagarjuna Cement

Nagarjuna Cement Price

NCL Industries