1 - 10 Results of 11

Cement firms report strong volume growth amidst realisation challenges

Strong local demand aids cement firms, but prices and costs remain challenging.

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GAIL’s Q1 net profit falls 45% to Rs 17.92 billion

The Ebitda margin also expanded by 660 basis points year-on-year.

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Grasim net profit up by 51 per cent

Grasim Industries has reported 51 per cent increase in consolidated net profit in the September quarter at Rs 846 crore due to higher viscose staple fibre output and better realisation in cement business.

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Net profit of Sobha Developers rises 47%

The consolidated net profit of Sobha Developers rose 47.78 percent in the quarter ending September 2012 to Rs 50.1 crore from Rs 33.9 crore

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Strong pricing of cement to push up earnings

Strong earnings growth for cement sector is expected to drive stock performance, hereon, according to Motilal Oswal’s research report. 1QFY13 numbers decipher more positives, no negatives.

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JK Cement reports 38% Y-o-Y growth in net profits

JK Cement reported a healthy growth in earnings due to higher volumes and realisations. In June 2012 quarter, the company reported a 38 per cent Y-o-Y growth in net profits.

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17 per cent revenue growth for cement firms

Cement companies in Q1FY13 is expected to post re­venue growth of over 17 per cent yoy in the quarter ending June 2012 as volumes grow 9.5 per cent YoY

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UltraTech Cement net up 14% on better realisation

UltraTech Cement has reported a 14 per cent increase in net profit in the June quarter on the back of higher production and better realisation.

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Stable prices boost India Cements’ Q4 profit

Stable cement prices and improved realisations have contributed to India Cements reporting a 15 per cent growth in net profit during the fourth quarter.

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Hike in cement prices improves profit margins

Three out of the four top cement companies in the country, which have so far reported results for the March 2012 quarter, have recorded higher operating profit margins year-on-year.

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