Gujarat-based Saurashtra Cement has posted a net profit of Rs 17.47 crore in the quarter ended June 30 as against the loss incurred in the corresponding quarter last year of Rs 9.39 crore.
The company's net sales during the period stood at Rs 143.10 crore compared with Rs 110.61 crore, up 29.37 per cent.
good to see the company earning instead of a loss. yet confused about the margin levels, their realization are going ok with biggies, strategicaly located from the marketing and raw material perspective, catering to both domestic and international market.
looking to the turnover nos i think company is operating over its installed capacity. utilization must not be less than 110% here. excellent performance. also the profits jump is inline with the turnover, shows company did few good jobs on cost cutting part coupled with benefit drived with low cost of input. they must have taken some effective steps to be efficient in their processes.
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