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JK Lakshmi Cement sees 151% increase in net profitIndia’s JK Lakshmi Cement has reported a 150.5 per cent YoY increase in net profit to INR986.3m (US$13.04m) in the final quarter of FY19-20, against INR393.8m in the corresponding quarter of the p...News - 22 May 2020 |
UltraTech Cement Ltd records net sales of INR105.8bn in 4QFY19-20UltraTech Cement Ltd (Aditya Birla Group) announced its financial results for the 4Q and full year ended 31 March 2020. 4QFY19-20 Consolidated net sales reached INR105.8bn (US$1.39bn) vis-à-vi...News - 21 May 2020 |
Indian prices expected to rise as demand fallsIndian cement prices are expected to rise by INR15-20/bag (US$0.19-0.26) due to supply constraints, despite dealers across the country expecting demand to fall by 30 per cent on the back of stalle...News - 20 May 2020 |
Saurashtra Cement 1Q20 net profit rises to INR66.2mSaurashtra Cement reported a net profit of INR66.2m (US$0.87m) in the quarter ended March 2020 as against a net loss of INR55m in the year-ago quarter ended March 2019. Sales rose 10.2 per cent to...News - 19 May 2020 |
Udaipur Cement Works records 207% surge in EBITDAIndia’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. EB...News - 19 May 2020 |
KCP appoints new managing directorIndia’s KCP Ltd has received shareholder approval for the appointment of V L Indira Dutt as its new chairperson and managing director with immediate effect. The company's executive chairman, V L D...News - 14 May 2020 |
Shree Cement posts 58% increase in profitIndia’s Shree Cement has seen a 57.6 per cent rise in consolidated net profit to INR5.36bn (US$70.78m) in the quarter ending 31 March 2020, compared with INR3.12bn in the year-ago period. The c...News - 12 May 2020 |
Bangladeshi cement export shows negative trend in 10MFY20As per data released by Bangladesh Export Promotion Bureau (EPB), Bangladesh's government recorded a significant fall of 13.1 per cent to US$29.49bn in total exports during the first 10 months of ...News - 11 May 2020 |
Pandemic to seriously affect global cement tradeAt Cemtech's live webinar on the 'seaborne trade of cement and clinker' this week, Ad Ligthart of Cement Distribution Consultants, gave a sobering outlook on global trade in response to COVID-19 a...News - 08 May 2020 |
Mahendra Singhi considers COVID-19 impact on the Indian cement industryMahendra Singhi, president of India’s Cement Manufacturers Association and managing director and CEO of Dalmia Cement (Bharat) Ltd, opened Cemtech’s third live webinar yesterday. Mr Singhi star...News - 07 May 2020 |