MUMBAI (Commodity Online): South India-based cement maker, Dalmia Cement (Bharat) Ltd (BOM:500097) posted 20% growth in cement production and dispatches during the month of January 2010.

The company with cement capacity of nine million tonnes has reached to the total capacity of 14.3 million tonnes after acquiring 45% stake in Orissa-based, OCL India Ltd (BOM:502165).

Dalmia Cement’s dispatches grew from 252,000 tonnes in January 2009 to 305,000 tonnes in January 2010, registering a growth of over 20%, while its year to date dispatches rose from 2,748,000 tonnes in April 2008 to January 2009 and 3,307,000 tonnes during April 2009 to January 2010, up by 20.3%.

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However, the company stocks traded flat on the Bombay Stock Exchange (BSE) today with marginal gain of 0.04% to Rs.127.20.

Dalmia Cement had reported a total income of Rs.1779 crore in FY 09 and an expected total gross income of around Rs.2,500 crore. The company has business interests in two major segments, Cement and Sugar. It has cement plants in southern states of Tamil Nadu (Dalmiapuram & Ariyalur) and Andhra Pradesh (Kadapa).

The company is operational since 1939 and is a pioneer in super specialty cements used for Oil wells, Railway sleepers and Air strips.

The company has acquired a stake of 45.4 % in OCL India Ltd, a major cement player in the eastern region. Dalmia Cement now controls a cement capacity of 14.3 million tonnes & has a strong presence in southern & eastern regions of the country.

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