NCL Industries Bags FAPCCI Excellence Award 2010-2011

Online, July 24, 2012 (Newswire.com) - NCL Industries Limited (BSE code: 502168), a Hyderabad-based company engaged in the manufacture of Cement, Ready Mix Concrete, Cement particle board, Prefab Structure and Generation of Hydro-Power received the FAPCCI Excellence Award for the year 2010-2011. NCL Industries was awarded the Best Workers Welfare Award 2010-2011 in the FAPCCI Excellence Awards ceremony.

Mr. K Ravi - MD, NCL Industries Ltd. received this award from Shri N Kiran Kumar Reddy - Hon'ble Chief Minister of Andhra Pradesh. The award ceremony took place at the K L N Prasad Auditorium, Federation House, Hyderabad which was also the 94th Annual Function of the Federation.

Commenting on the occasion, Mr. K Ravi - Managing Director of the company said, "Its a proud moment for us & yet another feather in NCL Industries' cap. In NCL, we have been working as a family and have been relentlessly concentrating for the well-being of our workers."
About NCL Industries Ltd
Promoted in 1983 by Mr. K Ramachandra Raju, Nagarjuna Cements Ltd now known as NCL Industries Ltd. (BSE code: 502168) is a Hyderabad-based company engaged in the manufacture of Cement, Ready Mix Concrete, Cement Bonded Particle Boards, Prefab Structures and Generation of Hydro-Power.
Though the company started as a producer of a bulk commodity like cement, NCL has been constantly on the lookout for diversification. The products conceived and introduced by the company were ahead of times. NCL now has five operating divisions, namely Cement Bonded Particle Boards, Prefab Shelters, Hydro Power Energy, Thermal Energy Power, Ready Mix Concrete and Bison Panels with foreign collaboration.
NCL has been a profit making company for the past several years. The company is also paying consistent dividends for the last 10 years. NCL has also seen a remarkable rise in its turnover year on year and has clocked its highest ever turnover this year.