Saurashtra Cement sees profit rise
India-based cement maker Saurashtra Cement Ltd has reported a profit rise to INR100.7m (US$1.55m) in the July-September 2017 quarter from INR44m when compared with the year-ago period.
Total revenues from operations slipped from INR1.22bn in 2QFY16 to INR1.16bn in 2Q17.
Saurashtra Cement is part of the Mehta Group and produces cement under the Hathi brand name. It serves the markets in Gujarat, Maharashtra, Rajasthan, Madhya Pradesh and the west coast of India from its precalciner plant in Ranavav.
