Ambuja Cements sales up by nearly 8 percentSeptember 2nd, 2008 - 3:31 pm ICT by IANS
New Delhi, Sep 2 (IANS) Ambuja Cements Ltd Tuesday said its sales grew 7.7 percent in August to 1.24 million tonnes, as compared to 1.15 million tonnes in the corresponding month last year.The company’s cement production zoomed nine percent to 1.2 million tonnes last month from 1.13 million tonnes the previous corresponding period, a company statement said.
For the period January to August 2008, the company sold 11.82 million tonnes as compared to 11.25 million tonnes in the corresponding period last year, a growth of 5.1 percent.
Production in the same period was 11.82 million tonnes as against 11.22 million tonnes in the last comparable period, registering a growth of 5.3 percent, the statement added.
Ambuja is the third largest cement company in India, with an annual production capacity of 16 million tonnes.