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NTPC begins the bulk supply of fly ash from new unit

NTPC, India’s largest energy conglomerate, has begun the bulk supply of fly ash to cement plants from its new Rihand project in Uttar Pradesh. "NTPC Ltd has developed an infrastructure at Rihan...
News - 17 August 2020

JK Lakshmi Cement reports 6% dip in net profit

India’s JK Lakshmi Cement saw a 5.8 per cent YoY decline in consolidated net profit to INR506.3m (US$6.76m) for the June quarter, against INR537.5m in the year-ago period. Revenue from operation...
News - 14 August 2020

Ramco Cements aims to be debt-free in three years

India’s Ramco Cements has announced plans to become debt-free in three years, while noting that FY20-21 will be a challenging year for the company. "While the initial few months were impacted by ...
News - 14 August 2020

Chairman reflects on tough period at UltraTech Cement's AGM

Kumar Mangalam Birla, chairman of UltraTech Cement (Aditya Birla Group), opened the 20th Annual General Meeting on 12 August 2020, via video conferencing and reflected on the company's 1Q20-21 per...
News - 13 August 2020

Star Cement reports 36% fall in total income

India’s Star Cement has reported a 36.4 per cent YoY fall in total income to INR2.98bn (U$39.77m) in the first quarter of the FY20-21, compared with INR4.68bn in the year-ago period. The company...
News - 13 August 2020

Shree Cement sees 14% fall in net profit

India’s Shree Cement has seen a 13.5 per cent YoY fall in net profit to INR3.3bn (US$44.17m) for the June quarter of FY20-21, compared with INR3.82bn in the year-ago period. Revenue also declined ...
News - 12 August 2020

Birla Corp to expand Durgapur grinding unit

India's Birla Corp, owned by MP Birla Group plans to expand the existing capacity of its grinding plant at West Bengal’s Durgapur by installing an INR725.7m (US$9.69m) cement grinding unit. The co...
News - 10 August 2020

Cement export from Bangladesh begins in July

Bangladesh's cement industry has earned export revenue of US$0.53m in July 2020, the first month of FY20-21, compared to US$0.66m bagged in July 2019. The weak start at the beginning of the new fi...
News - 10 August 2020

Dalmia Bharat posts 24% YoY increase in net profit

India’s Dalmia Bharat has reported a 23.7 per cent YoY rise in consolidated net profit to INR1.88bn (US$25.08m) for the quarter ending June 2020, compared with 1.52bn in the year-ago period. Howev...
News - 07 August 2020

Mangalam Cement commissions 11MW WHR plant

India’s Mangalam Cement has fully commissioned its 11MW waste heat recovery unit at its plant in Morak, Rajasthan. It had initially put 5.15MW of capacity into operation on 15 January 2020 with ...
News - 07 August 2020