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UltraTech Cement report consolidated net sales of INR184,360m

UltraTech Cement Ltd has announced its financial results for the quarter and year ended 31 March 2023 with consolidated net sales totalling INR184,360m (US$2.26bn), a rise of 19 per cent compar...
News - 02 May 2023

Shree Digvijay Cement reports 15% revenue growth in 4QFY23

India’s Shree Digvijay Cement Co Ltd (SDCC) has reported a 15 per cent YoY increase in revenue in the 4QFY22-23, ending 31 March 2023. Revenue for the quarter came in at INR1952m (US$23.9m), up ...
News - 02 May 2023

ACC Ltd reports revenue growth

India-based ACC Ltd has reported revenue from operations of INR47,907.7m (US$585.6m) in the three months ended 31 March 2023. This compares to INR44,265m in the same period a year earlier. Profi...
News - 01 May 2023

Dalmia Bharat reports 20% revenue growth in FY23

Dalmia Bharat Ltd has reported a 20 per cent YoY increase in revenue to INR135.4bn (US$1653m) in FY22-23, ended 31 March 2023. EBITDA over the same period fell 4.5 per cent YoY to INR23,160m, wh...
News - 27 April 2023

India focusses on net zero concrete

Representatives of more than 75 renowned academic institutions and businesses from across the world have gathered in New Delhi, in India, to participate in the Innovandi Global Cement and Concrete...
News - 27 April 2023

UltraTech Cement transports phosphogypsum on inland waterways

A 57,000t consignment of phosphogypsum has been transported in a bulk cargo carrier from Paradeep port in Odisha and reached the jetty of UltraTech Cement’s ( Aditya Birla Group ) integrated cemen...
News - 27 April 2023

OPEC + surprise cut sends oil sharply higher, coal stable petcoke sliding sending discount back to neutral zone

By Frank O. Brannvoll, Brannvoll ApS, Denmark The story of inflation and central bank rate hikes continues. Inflation figures from the US were at five per cent in March, awaiting another 0.2...
News - 26 April 2023

Freight rates have potential to go higher after consolidation

By Brannvoll ApS, Denmark The USG Supramax freight market was taking a breather as charterers stepped away after the push in rates observed last month. Rates were slipping due to a lack of f...
News - 26 April 2023

UltraTech Cement's Rawan plant wins Kaizen awards

UltraTech Cement ’s integrated cement manufacturing unit Rawan Cement Works, located in Rawan village of Raipur district, Chhattisgarh, has won three Platinum awards and one Silver award at the...
News - 25 April 2023

India adds 7Mta as expansion plans continue

India’s cement producers have added around 7Mta of cement production capacity in the last few weeks alone as their expansion plans continue. According to Argus Media, UltraTech Cement has add...
News - 24 April 2023