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NCL Industries reports 24% decline in cement production in Q2 FY20

NCL Industries reports 24% decline in cement production in Q2 FY20

NCL Industries has reported 24% decline in cement production to 3.71 lakh MT in Q2 FY20 from 4.88 lakh MT in Q2 FY19. The cement dispatches also decreased by 25% to 3.67 lakh MT in Q2 FY20 from 4.88 lakh MT in Q2 FY19.

Besides, the company’s cement boards production rose 12% at 18,503 MT for Q2 FY20. However, the cement boards dispatches declined 9% at 15,140 MT, during reporting quarter.

NCL Industries is an India-based company that operates in five segments: Cement, Boards, Prefab structures, Hydel Power and Ready Mix Concrete. The company was incorporated in 1979, a part of NCL Group. The company is also in the business activities of Cement, Prefab, Boards, Energy, Ready Mix Concrete Division.