Cement News tagged under: Udaipur Cement Works

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Udaipur Cement Works sees sales rise 15%

21 January 2021, Published under Cement News

India’s Udaipur Cement Works has seen its net profit surge to INR155.5m (US$2.13m) in the quarter ending 31 December 2020, compared to INR9.7m in the year-ago period. Sales also increased 15.4 per cent YoY to INR1.83bn from INR1.59bn in the 3QFY19-20.

Udaipur Cement Works records 207% surge in EBITDA

19 May 2020, Published under Cement News

India’s Udaipur Cement Works has reported an 18.4 per cent increase in total income to INR6.85bn (US$90.2m) for the financial year ending 31 March 2020, compared with INR5.79bn in the FY18-19. EBITDA surged 206.7 per cent YoY to INR1.26bn from INR410.9m. The company’s net profit also reached INR155.2m from an INR407.3m net loss in the previous fiscal year.

Udaipur Cement of India shuts plant due to Coronavirus epidemic

24 March 2020, Published under Cement News

Udaipur Cement Works Ltd (UCWL) of India has informed Bombay Stock Exchange (BSE) on 23 March  that operations of the company's plant at Udaipur have been temporarily closed untill further notice as per the directions of the State Government and as safety measure against spread of the COVID-19 virus.   A bourse filing of company adds that decision on resuming operations will depend on further directions of the Government.   Udaipur Cement Works Limited, (formerly known as JK Udaipur Udyog L...

Udaipur Cement returns to profit in the 3QFY19-20

27 January 2020, Published under Cement News

India-based Udaipur Cement Works Ltd, a subsidiary of JK Lakshmi Cement Ltd, reported a net profit of INR9.7m (US$135,776) for the third quarter ended 31 December 2019. In the 3QFY18-19 the company posted a net loss of INR120.5m. Income from operations increased 15.1 per cent to INR1.586bn in the 3QFY19-20 from INR1.378bn in the equivalent period of the previous financial year.

Udaipur Cement Works sees 56% surge in revenue

26 July 2019, Published under Cement News

India’s Udaipur Cement Works has reported a 56.4 per cent YoY increase in total revenue for the 1QFY19-20 to INR2.02bn (US$29.3m), against INR1.29bn in the year-ago period. Net profit saw a considerable improvement to INR137m in the quarter ending 30 June 2019, when compared with its INR159m loss in the 1QFY18-19.

Udaipur Cement reports sales increase in 3Q18

05 November 2018, Published under Cement News

India's Udaipur Cement Works has reported a contracting net loss in the 3Q18 at INR139m (US$1.903m), compared to a loss of INR234.9m in the year-ago period. Furthermore, sales increased 43.8 per cent YoY to INR1.15bn from INR800m.

Star Cement announces 90% net profit increase

16 November 2017, Published under Cement News

Star Cement reported a standalone net profit of INR219.9m (US$3.37m) for the 2Q17 period ended 30 September 2017, a 89.9 per cent increase from the INR108m seen in the year-ago period. The revenue for the company fell to INR2.57bn from INR2.89bn in 2Q16. Star Cement reported EBITDA of INR530m for the second quarter of 2017, according to The Economic Times. The cost of expenses decreased to INR2.32bn from INR2.78bn of the corresponding quarter in 2016. In 1H17 the company saw a net profit...

India: Udaipur Cement Works starts commercial production

03 April 2017, Published under Cement News

Udaipur Cement Works has completed its rehabilitation programme at its Udaipur cement works and started commercial production at the integrated works on 31 March 2017. The plant has commenced clinker and cement dispatches since.

Promoters of the Udaipur Cement Works to sell 13.64 per cent stake

08 December 2015, Published under Cement News

The promoters of the Udaipur Cement Works, including JK Lakshmi Cement Ltd, will sell their combined stake of 13.64 per cent in the company. The promoters of Udaipur Cement Works will sell the stake through the offer for sale (OFS) route today. "The floor price offered under the sale shall be INR10 per share of Udaipur Cement Works Ltd," the promoters told the Bombay Stock Exchange. "JK Lakshmi Cement, Florence Investech and JK Paper, part of the promoter group of Udaipur Cements Works, in...

India: Udaipur Cement Works sees 12.6 per cent YoY gain in Jul-Sep revenues

09 November 2015, Published under Cement News

Udaipur Cement Works reported total revenues of INR214.9m (US$3.24m) , down 4.3 per cent QoQ, but up 12.6 per cent YoY. The company also recorded a net profit of INR15.6m for the quarter ended September 2015, a significant improvement when compared with the previous quarter when a INR14.6m loss was posted as well as with the previous year’s Jul-Sep quarter, which saw a INR15m loss