Announcement

Wednesday, November 11, 2009

Cement prices coming down - Mr Bangur MD Shree Cements

Source: CNBC-TV18
November 2009

Shree Cements has declared its second quarter results and the company’s Q2 net profit was up at INR 289 crore versus INR 107.5 crore. Its net sales were up at INR 909 crore versus INR 629.2 crore while its OPM stood at 48.8%.

Mr HM Bangur, MD of Shree Cements, spoke to CNBC-TV18 on the company's second quarter results. Here is a verbatim transcript of the exclusive interview with HM Bangur on CNBC-TV18.

Q - Could you can take us through your numbers, how have the revenues and margins panned out?

A - The margins have increased. There has been a 44% rise in the revenues INR 906 crore.

To read full interview, please visit
http://www.steelguru.com/interview/detail/25/Cement_prices_coming_down.html

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