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Bangladesh surpassed the cement export target in 4MFY23-24

Bangladesh has recorded 101.8 per cent YoY growth in cement export revenue to US$5.59m in the first four months (July-October 2023) of FY23-24 from US$2.77m earned in the same four months of the p...
News - 08 November 2023

Deccan Cements sees revenue decline

India's Deccan Cements Ltd has reported total revenue of INR1709m (US$20.52m) in the quarter ended 30 September 2023, down from INR1952m in the previous quarter and INR1822m in the quarter ended...
News - 07 November 2023

JK Cement reports uptick in revenue

JK Cement Ltd has posted total revenue of INR25,984m (US$312.3m) in the three months ended 30 September 2023. This compares to INR21,584m in the same period a year earlier. Profit after tax for ...
News - 07 November 2023

SRM Group ventures into cement

India’s SRM Group has entered the cement business with the launch of a new subsidiary, SRMPR Cement. The Chennai-based company invested INR2250m in a 420,000tpa cement capacity with three producti...
News - 06 November 2023

JK Lakshmi Cement to invest INR2.25bn in Surat expansion

JK Lakshmi Cement announced it will be spending INR2.25bn (US$27m) to expand its Surat plant in Gujarat, India. Cement capacity at the plant will be increased by 1.35Mta by setting up an addit...
News - 06 November 2023

Kakatiya Cement returns to black in 2QFY23-24

India-based Kakatiya Cement Sugar & Industries reported a standalone net profit of INR18m in the 2QFY23-24 when compared to a net loss of INR49.9m in the year-ago period. Operating income increa...
News - 06 November 2023

FOA call for compliance of the Axle Load Regime

A public notice from the Fleet Operators Association (FOA) of Pakistan urges strict implementation of the axle load regime (ALR) and the National Trucking Policy to save human life while carrying ...
News - 06 November 2023

Ambuja Cement reports quadrupling 2Q profit

Ambuja Cements , part of Adani Cement Industries , saw profit quadruple in the 2QFY23-24 to INR6440m (US$77.4m) from INR1390m in the year-ago quarter. The company’s revenue advanced eight per ...
News - 02 November 2023

India Cements narrows 2Q loss

The India Cements Ltd reported a lower net loss of INR810m (US$9.7m) in the 2QFY23-24 compared with a net loss of INR1380m in the year-ago period. EBITDTA for the 2QFY23-24 reached INR140m vs ...
News - 02 November 2023

UltraTech to raise Indian cement capacity to 182Mta

UltraTech 's Board of Directors at its meeting held today, approved the third phase of growth with an investment of INR130,000m (US$1561m) towards increasing the capacity by another 21.9Mta with...
News - 31 October 2023