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Chettinad Cement posts a jump in margins

Oct 18, 1999

Chettinad cement has benefited from the recent surge in cement demand and prices. The company has been able to post a jump in net profit margins to 19.5%. The decline in interest costs has contributed to the improved bottomline. The company's future performance will depend on the sustainability of the surge in demand for cement and the improvement in cement prices.

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