GUJARAT AMBUJA CEMENTS LTD
Article Abstract:
Gujarat Ambuja Cements Ltd has declared its audited financial results for the year ended June 30, 1998. (khr) --------------------------------------------------------- Audited Financial Results of Gujarat Ambuja Cements Ltd --------------------------------------------------------- Particulars Year ended (Rs in crore) 30.6.98 30.6.97 --------------------------------------------------------- Sales 1131 921 --------------------------------------------------------- Operating profit 353 285 --------------------------------------------------------- Cash profit 245 217 --------------------------------------------------------- Depreciation 108 81 --------------------------------------------------------- Net profit 132 132 --------------------------------------------------------- Earnings per share (Rs) 18 18 --------------------------------------------------------- Dividend (%) 60 50 ---------------------------------------------------------
Comment:
Posts increase in sales to Rs1,131 crore for year ended 6/30/98 vs Rs921 crore for year ended 6/30/97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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JUST WHEN YOU THOUGHT IT WAS SOLUBLE ... GUJARAT AMBUJA CEMENTS
Article Abstract:
Gujarat Ambuja Cements (GAC) has constantly expanded its capacity, from 7 lakh tonnes in the 1980s to 5 million tonnes now. Its despatch increased by about 35 percent to 4.88 million tonnes in 1997-98. Its sales turnover increased by 34 percent between July-December 1997 but its net profit grew by only 15 percent. The commissioning of its captive power plant is likely to bring down costs and improve its bottomline in the second half of the year. GAC has acquired the ailing Modi Cement for Rs165 crore and may soon acquire another cement unit. (khr)
Comment:
Has constantly expanded capacity, from 7 lakh tonnes in the 1980s to 5 mil tonnes currently
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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GUJARAT AMBUJA CEMENTS LTD: FINANCIAL RESULTS
Article Abstract:
Gujarat Ambuja Cements Ltd has declared its unaudited financial results in the half-year ended December 31, 1998. (khr)
Comment:
Gujarat Ambuja Cements Ltd has declared its unaudited financial results in the half-year ended December 31, 1998.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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