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Cement prices, which have moved up in the last quarter, may soften in the coming months due to a fall in offtake as an upshot of the onset of monsoons.
Binani Cement Ltd, has reported a Profit After Tax (PAT) of Rs 1.18 crore while the same for the half year ended September 30, 2010, stood at Rs 43.85 crore.
Cement prices are down by Rs 2-4 per 50 kg bag in western India.
The downward spiral in prices faced by the cement industry has become a major cause of concern.
The Airports Authority of India (AAI) has finalised the plan to modernise the drainage system within the Kolkata Airport.