Sagar Cements posts strong production in June

Sagar Cements posted 10.8 per cent increase in production in June 2018 at 1,79,543 MT as against 1,62,000 MT production reported in the previous year's same period. Besides, the cement sales of the company rose 2.88 per cent to 1,80,041 MT in June 2018 from 1,75,007 reported in the previous year's same period.

On the consolidated basis, the company has reported 8.50 per cent growth in cement production/purchase in June 2018 at 2,42,963 MT as against 2,23,920 MT production reported in the previous year's same month. However, the cement sales of the company fell 0.27 per cent to 2,45,959 MT in June 2018 from 2,46,629 reported in the previous year's same period.

Sagar Cements is a prominent player in the field of cement in Andhra Pradesh for over three decades adopting progressive manufacturing practices, whether it relates to maintaining high standards of quality of its products or development of its highly valued human resources or the need to keep the pollution to the barest minimum.

Sagar Cement closed 1.9 per cent down and closed at Rs.790 mark on Friday.