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Cement despatches were 23.68 million tonnes during the year as compared to 21.17 million tonnes during 2010; • Consolidated income for the year under review was ` 10428 crore, an increase of 21% as compared to ` 8619 crore in 2010; • Consolidated profit before tax increased in 2011 to ` 1505 crore against ` 1415 crore in 2010; • Consolidated profit after tax was higher in 2011 at ` 1301 crore against ` 1078 crore in 2010.

1. Net Sales: Figures in ` Crore 2011 2010 Change Change % Sale of Products and Services (Gross) 10,478.39 8,563.71 1,914.68 22.36% Less - Excise Duty 1,039.73 846.38 193.35 22.84% Sale of Products and Services (Net) 9,438.66 7,717.33 1,721.33 22.30% Net sales has increased due to following:• Cement Sales volume during the current year at 23.73 million tonnes recorded an increase of 11.46% over previous year. 2. Opera ome: Figures in ` Crore 2011 2010 Change Change %

..48 93. 3.....45 (36..58 321.05% Consumption of Raw Materials has increased due to following:• Cement production during the current year at 23....Other Operating Income 221.. coupled with enhanced availability from other plants........... 4......15 44.87% Other Operating Income has decreased due to decrease in sale of surplus generated power.42 29..106.43 94. Raw Materials Consumed: Figures in ` Crore 2011 2010 Change Change % Raw Materials Consumed 1.63 258....82) -14.. 5....00 1.428..... this was made possible by stabilization of recently added capacity at chanda and wadi..33% Purchase of Trading Cement has increased due to increase in quantity by 40% from 0. Power and Fuel: .63 52.78 117.30 to 0.25% Other Income 191..91 98..46 million tonnes recorded an increase of 11% over previous year...42 million tonnes... Other Income is increased primarily on account of increase in interest received on bank deposits as well as profit on sale of current investments.. Purchase of Trading Cement: Figures in ` Crore 2011 2010 Change Change % Purchase of Trading Cement 169..----------------------------------------------------------------------65 | • Steep escalations in major input cost such as Gypsum and Fly ash as well as increase in freight cost on inter unit clinker transfer..

• Increase in power tariff by 13%.598.89 63.e. Personnel Expenses: Figures in ` Crore 2011 2010 Change Change % Personnel Expenses 525. 6.80 13. March 01.: Figures in ` Crore 2011 2010 Change Change % . Increase in employee cost is partially offset by lower provision of retirement benefits as the Company has recognised a debit of ` 28.Figures in ` Crore 2011 2010 Change Change % Power and Fuel 2.f.81% Personnel expenses increased due to normal increments and platinum jubilee incentive paid during the current year.69 461.95 kwh/t of cement to 92. Outward Freight Charges on Cement etc. • The impact of increase in prices of different grades of coal was partially offset by improvement in consumption norms and improved efficiency of equipment. • Steep escalations in the cost of imported and domestic coal:• Average Imported coal price increased by 21%. • Increase in domestic coal prices w.10 Crore (Previous Year . the average domestic coal price increased by 23%. 7.92 kwh/t.56% Power and Fuel cost has increased due to following:• Clinker production increased by 18% over the previous year. 2011 by Coal India Limited.183.19 1. All of these have resulted in reduction of power consumption from 105.52 36.50 Crores).` 53.67 584.

41 30. • Increase in prices of coal led to increase in Coal inventory by 38. • Increase in freight rates by 12% from ` 660 per ton to ` 742 per ton.070. Inventories has increased by due to followings:• Inventory of Raw materials was higher by 13% due to increase in volume and price of Gypsum. linked with diesel prices.96% Freight charges increased on account of following:• Increase in cement dispatches.39 Crore.71 1.401.21%. . 1.30 331.Outward Freight Charges on Cement etc. • Increase in prices of raw materials and fuel led to increase in value of finished and semi-finished products by 94.

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