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Last Updated : May 08, 2017 11:57 AM IST | Source: CNBC-TV18

Capacity utilisation currently at 87%, says MD of Orient Cement

The company managed to do clock volumes of 1.7 million tonnes in Q4FY17, said Deepak Khetrapal, MD & CEO, Orient Cement.

Orient Cement reported a steady fourth quarter numbers. The total income was up 36.98 percent to Rs 695.70 crore during the quarter under review as against Rs 507.88 crore in the corresponding quarter of last fiscal.

The net sales for the fiscal were up 28.50 percent to Rs 2,183.55 crore as against Rs 1,699.18 crore in 2015-16.

Throwing more light on the Q4 numbers and the way forward, Deepak Khetrapal, MD & CEO, Orient Cement told CNBC-TV18 that the company managed to do clock volumes of 1.7 million tonnes in Q4FY17, which translates to capacity utilisation of the entire company including the new plant that was commissioned a year ago, to 87 percent.

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The EBITDA was close to Rs 80 crore, around Rs 500 per tonne, he said.

For the full interview, watch video

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First Published on May 8, 2017 11:52 am
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