OCL's yoy net up 105 pc

New Delhi, May 18 (UNI) OCL India Ltd today recorded a 105 per cent increase in its net profit at Rs 77.52 crore during the financial year 2006-07, as compared to Rs 37.79 crore in the previous year.

OCL's turnover for the year rose to 33 per cent at Rs 929.40 crore, a statement said.

The company engaged in the production and marketing of cement, refractories and sponge iron with its manufacturing facilities in Orissa, has a capacity of 18.74 lakh tonnes as against 15.83 lakh tonnes in the previous year.

UNI