Despite soft demand & realisation, operational efficiency, cost control help exceed profit estimates
Total consolidated income of the cement-maker rose by 4%
Jaiprakash Associates, Jaiprakash Power Ventures and Jaypee Infratech were up more than 5% each on the BSE.
The increase in the limits is subject to the approval of the members at the ensuing annual general meeting of the company
Cement major hopes for 7-8% growth in demand in FY17