Shree Cement's Feb sales down by 16%

Shree Cement today reported nearly 16% decline in sales in February at 9.67 lakh tonne compared to a month ago.

The Kolkata-based firm, having an annual 135 lakh tonne installed cement-manufacturing capacity, had sold 11.46 lakh tonne in January, 2013, it said in a BSE filing.

Production of the company also fell to 9.83 lakh tonne during the reporting month from 11.34 lakh tonnes during January.

Shree Cement's plants are located at Beawar, Ras, Khushkhera, Jobner and Suratgarh in Rajasthan and Laksar in Uttarakhand.

It sells majority of the cement it produces in North India.