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Ramco Cements sees 4% rise in revenue

India’s Ramco Cements has reported a four per cent YoY rise in revenue from operations to INR13.24bn (US$181.55m) for the December 2020 quarter. Gross earnings advanced 91 per cent YoY to INR4.03b...
News - 05 February 2021

UltraTech Cement receives approval to raise INR30bn

India’s UltraTech Cement has received approval to raise INR30bn (US$411.42m) through the issuance of US dollar-denominated bonds. The proceeds from the issuance are expected to be used to refin...
News - 04 February 2021

Shree Cement reports 102% rise in net profit

India’s Shree Cement has reported a 102 per cent YoY rise in net profit to INR6.26bn (US$85.76m) for the December quarter, compared to INR3.12bn in the year-ago period. Revenue also advanced 16.2 ...
News - 01 February 2021

JK Lakshmi Cement's sales rise 19% in Oct-Dec 2020

JK Lakshmi Cement Ltd recorded sales of INR11,928m (US$163.27m) in October to December 2020 compared to INR10,049.5m in October to December 2018, a rise of 19 per cent.  JK Lakshmi Cement’s eff...
News - 01 February 2021

2021 Expectations

This week, we take a look at the major developments in the largest cement markets over 2020 and consider what lies ahead in 2021. USA Over the last few months, the US has faced a tumultuous p...
News - 29 January 2021

Prism Johnson to raise cement capacity

Prism Johnson Ltd has approved of a 0.9Mta cement capcity expansion at Prism Cement's Satna cement plant, Madhya Pradesh, India. The new capacity will take the plants total cement capcity up to 5...
News - 29 January 2021

India Cements returns to profit in 3Q

India Cements has reported an INR693m (US$9.48m) net profit for the October-December 2020 period, compared to an INR94.3m net loss in the year-ago quarter. Revenue fell 4.8 per cent YoY to INR11...
News - 28 January 2021

Shree Digvijay Cement sees 17% rise in revenue

India’s Shree Digvijay Cement has announced a 17.2 per cent YoY increase in standalone revenue to INR1.43bn (US$19.69m) for the December 2020 quarter, compared to INR1.22bn in the year-ago period....
News - 28 January 2021

Humboldt India wins new UltraTech Cement order

Humboldt Wedag India Pvt Ltd (HW India), New Delhi, India, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, Germany, has received a new order from UltraTech Cement Ltd for   th...
News - 27 January 2021

UltraTech Cement reports consolidated sales of INR121.44bn

The Aditya Birla Group's cement flagship, UltraTech Cement Ltd,   reported consolidated net sales of INR121.44bn (US$1.66bn) for the quarter ended 31 December 2020, versus INR102.61bn over the ...
News - 25 January 2021