Gujarat Ambuja Cements Limited (GACL) has posted a 194% jump in net profits for the first quarter ended 30th September 1999 (1QFY2000). The company has also proposed a bonus issue in the ratio of one share for each share held.
Profit before Tax
Profit after Tax
GACL is the largest manufacturer of cement in Gujarat and Punjab. It has a total capacity of 5 m tonnes per annum spread over 4 manufacturing units. It is India's most efficient cement manufacturer due to high degree of mechanisation in its products and mining activities. It has controlled freight costs by moving bulk of its production through the sea route.
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