Sagar Cements Posts Good Results
Sagar Cements in a statement issued said that it's total consolidated cement sales rose 24.03% to 247,051 MTs in August 2018 over August 2017.Sagar Cements' Total consolidated cement production rose 27.26% at 243,963 MTs in August 2018 over August 2017.
Sagar Cements' consolidated net profit dropped 41.62% to Rs 5.82 crore on 6.24% rise in net sales to Rs 274.90 crore in Q1 June 2018 over Q1 June 2017.
In related news, Shares of Sagar Cements rose 3.4 percent as the cement company reported robust sales figures for the month ended August 2018.
Sagar Cements is engaged in manufacturing cement at its plant in Mattampally, Nalgonda district, Andhra Pradesh. Sagar Cements is a prominent player in the field of cement in Andhra Pradesh for over 3 decades. The Company manufactures various varieties of cement like Ordinary Portland Cement (OPC) of 53 grade, 43 grade, Portland Pozzalona Cement (PPC) and Sulphate Resistant Cement (SRC) to suit different needs of customers and all these products are being sold under the Brand Name “Sagar”.
The Company which started its operation with a Cement capacity of 66000 TPA, has gradually increased it to the level of 2.35 MTPA, while its Clinker capacity has also witnessed a significant increase from 66000 TPA in 1982 to present level of 2.0 MTPA.
Registered and Administrative Office
Plot No. 111 , Road No. 10
Jubilee Hills,
Hyderabad - 500 033
Phone : +91 40 23351571
Fax: +91 40 23356573
Works
Mattampally
Via Huzurnagar
Suryapet District
Telangana - 508 204
Bayyavaram Village
Kasimkota Mandal
Visakhapatnam District
Andhra Pradesh – 531031
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