It has been announced that OCL India Ltd., formerly known as Orissa Cement Ltd., has recorded a net profit of Rs 206.3 million in the 1995/96 financial year ending March, showing a 23% rise against th…
It has been announced that OCL India Ltd., formerly known as Orissa Cement Ltd., has recorded a net profit of Rs 206.3 million in the 1995/96 financial year ending March, showing a 23% rise against the year-ago period. The Indian company said in a statement that it posted a gross turnover of Rs 2.65 billion, up 19.35% on the previous year, while earnings per share (EPS) for 1995/96 was Rs 38.20. A dividend of Rs 5 was recommended. OCL said it planned a Rs 1.33 billion expansion in cement and refractories capacities.