Economy & Market
Cement cos post marginal rise in output
Production at Ambuja Cement rose to1.78million tonne (mn t) in June from1.65 mn t in the year-ago month. For another cement maker ACC, output expanded to 1.97 mn t in the month compared to 1.96 mn t in the year-ago month.
For Ambuja Cements, production during the January-June period this year grew to 11.67 mn t against 10.79 mn t in the same period last year, while despatches for the period stood at 11.67 mn t from 10.77 mn t. in the corresponding period last year.
For ACC, production stood at 12.86 mn t during the six months, as against 12.18 mn t in the year- ago period. Despatches grew to 12.79 mn t during the first six months of this year compared to 12.18 mn t in the same period last year. In June, despatches of ACC grew to 1.96 mn t compared to 1.91 mn t, while Ambuja's stood at 1.79 mn t over 1.66 mn t last year.