![]() Financial Daily from THE HINDU group of publications Wednesday, Apr 03, 2002 |
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Industry & Economy
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Cement Cement majors report rise in March despatches Our Bureau
MUMBAI, April 2 CEMENT despatches at ACC Ltd rose 23 per cent, month on corresponding month, during March. Despatches in March 2002 stood at 12.73 lakh tonnes whereas depatches in March 2001 stood at 10.32 lakh tones. Despatches at Gujarat Ambuja Cements rose 18 per cent, to 7.37 lakh tonnes from 6.24 lakh tonnes. The consolidated despatch figures for Gujarat Ambuja Cements, along with that of its associate companies, showed a rise of 14.6 per cent; despatches rose to 10.21 lakh tonnes from 8.91 lakh tonnes. The company crossed the one million tonne despatch figure during the month under consideration, said a news release from GACL. Despatches for the month rose 9.6 per cent at Larsen & Toubro, rising from 10.4 lakh tonnes to 11.4 lakh tonnes. Cement production for the month at ACC rose 27 per cent and stood at 12.87 lakh tonnes as against 10.09 lakh tonnes for March 2001. Production at GACL rose 18 per cent to 7.25 lakh tonnes from 6.17 lakh tonnes. Production at L&T rose 5.6 per cent to 11.2 lakh tonnes. Cumulative despatches at ACC for the 12 months ended March 2002 rose 16.8 per cent, to 122.88 lakh tonnes from 105.16 lakh tonnes. Cumulative production rose 16.5 per cent, to 122.75 lakh tonnes from 105.28 lakh tonnes. Cumulative despatches for the period July 2001 to March 2002 at GACL rose 21 per cent, to 52.84 lakh tonnes from 43.73 lakh tonnes. Cumulative production rose 21 per cent as well, to 52.85 lakh tonnes from 43.76 lakh tonnes. Cumulative despatches at L&T for the year ended March 2002 rose 8.4 per cent, to 108.9 lakh tonnes from 100.4 lakh tonnes.
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