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Grasim Industries sees profit tumble QoQ

Grasim Industries Ltd, which owns UltraTech Cement , has reported unaudited standalone total income from continuing operations of INR62,983.1m (US$760.4m) in the quarter ended 31 December 2022. T...
News - 15 February 2023

HeidelbergCement India sees profit slump in December 2022 quarter

HeidelbergCement India has reported total income of INR5506.7m (US$66.6m) in the quarter ended 31 December 2022, up from INR5170.6m in the previous quarter but down slightly on the INR5568.1m se...
News - 15 February 2023

Shree Cement resignation

India’s Shree Cement has announced that Prakash Narayan Chhangani has resigned as whole-time director of the company. His resignation is effective from 13 February 2023. According to the company...
News - 14 February 2023

Burnpur Cement losses continue

India-based Burnpur Cement Ltd has reported total income of INR349.3m (US$4.24m) in the quarter ended 31 December 2022. This compares to INR330.2m in the previous quarter and INR357.2m in the s...
News - 10 February 2023

Shree Cement YoY profit hit by fuel expenses

Shree Cement Ltd has reported total income of INR42,300.2m (US$513m) in the quarter ended 31 December 2022. This compares to INR39,374.9m in the previous quarter and INR36,618.9m in the same qua...
News - 10 February 2023

Power and fuel costs hit profits at Ramco Cements

Ramco Cements Ltd has reported revenue of INR20,180.9m (US$244.3m) in the quarter ended 31 December 2022. This compares to INR17,932m in the previous quarter and INR15,558.8m in the same quarter...
News - 09 February 2023

US production and consumption increased in 2022

The US produced an estimated 95Mt of Portland and masonry cement in 2022, according to the US Geological Survey (USGS), up from 93Mt in the previous year.  Cement was produced at 96 plants in 34...
News - 08 February 2023

Ambuja Cements reports 11% QoQ revenue rise

Ambuja Cements Ltd , part of the Adani Group , has reported an 11 per cent QoQ increase in revenue in the quarter ended 31 December 2022. Net revenue for the three-month period came in at INR80...
News - 08 February 2023

JK Lakshmi Cement signs solar power agreement

JK Lakshmi Cement on has signed an agreement with Amplus Solar to set up a 56MWp solar power plant for its Durg facility , located in Chhattisgarh. This will form part of the company's ‘Green Pah...
News - 08 February 2023

UltraTech commissions 1.5Mta Odisha unit

UltraTech Cement  (part of the Aditya Birla Group ) has commissioned a 1.5Mta brownfield cement grinding unit in Jharsuguda , Odisha, expanding the existing works, according to The Hindu. This ...
News - 07 February 2023