OCL India Q1FY18 Result: Net Profit rises by 4.54 per cent QoQ
DSIJ Intelligence / 05 Aug 2017
OCL India reported its results for the quarter ended June 30, 2017, today. Total sales for this quarter, Q1FY18, came in at Rs. 928.71 crore. This represents a 5.33 per cent sequential decline and 15.73 per cent YoY increase.
OCL India reported its results for the quarter ended June 30, 2017, today.
Total sales for this quarter, Q1FY18, came in at Rs. 928.71 crore. This represents a 5.33 per cent sequential decline and 15.73 per cent YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 164.13 crore and the EBIT margin stood at 17.67 per cent.
It reported PAT of Rs. 117.24 crore which represents a sequential QoQ increase of 4.54 per cent and a YoY increase of 10.77 per cent.
OCL India Limited is engaged in the cement business. It manufactures silica, basic burnt magnesia carbon, fireclay and high alumina bricks, continuous casting, slide gate refractories, castables and precast blocks basic. Its segments include cement, refractory and others.
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