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July 04, 2015 7:33 PM ET

Construction Materials

Company Overview of Orient Cement Limited

Company Overview

Orient Cement Limited is engaged in the production and marketing of cement in India. It offers OPC and PPC cement under the Birla A1 brand name. The company markets its products through a network of dealers. Orient Cement Limited was founded in 1979 and is based in New Delhi, India.

Birla Tower

3rd Floor

25, Barakhamba Road

New Delhi,  110001

India

Founded in 1979

Phone:

91 11 4209 2100

Fax:

91 11 4209 2198

Key Executives for Orient Cement Limited

Managing Director, Chief Executive Officer, Executive Director, Chairman of Committee of Directors, Chairman of Management Committee, Chairman of Shareholders/Investors' Relation Committee and Member of Audit Committee
Age: 60
Total Annual Compensation: $22.4M
Compensation as of Fiscal Year 2014.

Orient Cement Limited Key Developments

Orient Cement Limited Declares Dividend

Orient Cement Limited declared dividend of INR 1 per equity share, at the annual general meeting to be held on July 25, 2015.

Orient Cement Plans To Acquire Cement Plant

Orient Cement Limited (BSE:535754) is on the look-out for buying a cement plant of about two or three million tonnes, according to Deepak Khetrapal, Managing Director and Chief Executive Officer of Orient Cement.

Orient Cement Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

Orient Cement Limited reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, net sales /income from operations was INR 3,874.188 million compared to INR 4,538.516 million a year ago. Profit from operations before other income finance cost and exceptional items was INR 860.440 million compared to INR 422.943 million a year ago. Profit from ordinary activities before tax was INR 852.455 million against INR 402.059 million a year ago. Net profit was INR 854.754 million or INR 4.17 per basic and diluted share before and after extraordinary items compared to net profit of INR 263.426 million or INR 1.29 per basic and diluted share before and after extraordinary items a year ago. For the full year, net sales /income from operations was INR 17,571.671 million compared to INR 16,384.486 million a year ago. Profit from operations before other income finance cost and exceptional items was INR 2,593.694 million compared to INR 1,583.528 million a year ago. Profit from ordinary activities before tax was INR 2,511.839 million against INR 1,532.406 million a year ago. Net profit was INR 1,947.824 million or INR 9.51 per basic and diluted share before and after extraordinary items compared to net profit of INR 1,010.197 million or INR 4.93 per basic and diluted share before and after extraordinary items a year ago.

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