Cement dispatches – February 2013

Cement demand continued to remain weak during February 2013 as economic slowdown impacted construction activities. Prolonged cold weather too impacted demand in some regions during the month. During February 2013 Ultratech Cement posted a 5.9% yoy decline in cement dispatches to 3.31mn tonnes. Shree Cement too posted a 16% yoy decline in dispatches to 0.97mn tonnes. JK Lakshmi Cement posted a marginal 1.3% yoy decline in dispatches. However, Dalmia Bharat Cement a south based player posted an impressive 33% yoy growth in dispatches for the month of February. Source: AngelBroking