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Indian cement production may need to expand quicker to meet demandIndian cement consumption is expected to remain robust this year. The rainy season will weigh on demand somewhat in the near term, but fundamentals are strong for a solid resumption in demand. Acc...Articles - 01 August 2024 |
Heidelberg Materials 1H revenues slipHeidelberg Materials has released its half-year financial report for the period January to June 2024. The group’s consolidated revenue for the 1H24 was EUR9993.7m, marking a 4.6 per cent decr...News - 31 July 2024 |
Vicat's 1H24 growth driven by USThe Vicat Group has reported consolidated sales of EUR1937m in the first half of 2024, up from EUR1912m in the same period a year earlier. Over the same time frame, EBITDA advanced from EUR314m ...News - 31 July 2024 |
Ambuja Cements posts profit growth in June 2024 quarterAmbuja Cements Ltd , part of Adani Cement , has reported total income of INR49,361m (US$589.4m) in the quarter ended 30 June 2024, down slightly from the INR49,571m seen in the previous quarter,...News - 31 July 2024 |
Sanghi Industries reports improved income YoYSanghi Industries Ltd has reported total income of INR2305.5m (US$27.5m) in the quarter ended 30 June 2024. This is up from INR1702m in the same period in the previous year but down from the INR...News - 31 July 2024 |
ACC sees results dip YoY in June quarterIndia-based ACC Ltd has reported standalone total income of INR52,254m (US$623.9m) in the three months ended 30 June 2024. This compares to INR52,793m in the same period a year earlier. Profi...News - 30 July 2024 |
Digvijay Cement reports financial results from 1H24Digvijay Cement has reported its revenue from ongoing operations for the period ended 30 June 2024 as INR1.76bn (US$21.1m). This represents an 8.3 per cent decrease from the corresponding period i...News - 30 July 2024 |
Shiva Cement reveals plans for new 1Mta plantShiva Cement Ltd , part of JSW Cement , has announced plans to construct a 1Mta grinding plant in Odisha, India. The new facility will be set up with Bhushan Power and Steel Ltd (BPSL) on BPSL’s...News - 30 July 2024 |
UltraTech acquires additional stake in India CementsUltraTech Cement is acquiring a 32.72 per cent share in India Cements , marking an investment of INR39,540m (US$472.2m). According to The Hindu, the move enables Aditya Birla -owned UltraTech ...News - 29 July 2024 |
Ramco Cements sees 55% fall in net profitThe Ramco Cements Ltd reported a 55 per cent fall in net profit to INR355m (US$4.24m) during the quarter ended 30 June 2024, compared to INR793m in the same quarter of 2023. The company’s net...News - 26 July 2024 |