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<a href="http://www.accessmylibrary.com/coms2/summary_0286-19975068_ITM" title="Facts and information about SEP 2003 QUARTERLY RESULTS: CEMENT-SOUTH INDIA SPURS TURNAROUND (thirteen cement companies based in south India record a huge increase in combined net profit).">SEP 2003 QUARTERLY RESULTS: CEMENT-SOUTH INDIA SPURS TURNAROUND (thirteen cement companies based in south India record a huge increase in combined net profit).</a>
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SEP 2003 QUARTERLY RESULTS: CEMENT-SOUTH INDIA SPURS TURNAROUND (thirteen cement companies based in south India record a huge increase in combined net profit).
(From India Business Insight)
The cement sector witnessed a good run in south India during the quarter to Sep 2003. Thirteen cement companies based in south India recorded a huge increase in combined net profit at Rs7 crore (a net loss of Rs33 crore during the quarter to Sep 2002). Sales grew by eight percent to Rs469 crore (Rs436 crore). Operating profits grew by 95 percent to Rs82 crore (Rs42 crore) and operating profit margins improved to 17.5 percent (9.6 …
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