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Deccan Cements sees profits fall 72%

Deccan Cements Ltd has seen its total revenue decline from INR1927.3m (US$23.8m) in the quarter ended 30 September 2021 to INR1822m in the same period this year. Over the same timeframe, the com...
News - 14 November 2022

Mangalam Cement sees power and fuel costs jump 144% YoY

Mangalam Cement Ltd , part of the BK Birla Group , has posted total revenue of INR4083m (US$50.54m) in the quarter ended 30 September 2022. This compares to INR5181m in the previous quarter and ...
News - 11 November 2022

Prism Johnson reports 274% drop in profit

India’s Prism Johnson has reported consolidated net sales of INR16,663m (US$203.7m) in the September 2022 quarter, up 10.19 per cent from INR15,095m in the same period a year earlier. Over the s...
News - 11 November 2022

Birla Corporation announces new MD and CEO

Birla Corp Ltd (BCL) has announced the resignation of its managing director and chief executive officer, Shri Arvind Pathak. Mr Pathak, who is leaving the company for personal reasons, will rema...
News - 11 November 2022

Energy complex falls on slower economies and EU stock refill

By Frank O. Brannvoll, Brannvoll ApS, Denmark Since ICR’s most recent energy report, the energy complex is falling as higher yields slow economies and EU purchases have slowed following full st...
News - 11 November 2022

Birla Corporation profits hit by production costs in 2QFY22-23

Even with a double-digit increase in cement sales by volume, Birla Corp Ltd ’s September 2022 quarter (2QFY22-23) profitability was hit by a sharp increase in power and fuel costs. The seasonally...
News - 10 November 2022

Nuvoco Vistas reports INR1300m loss in 2QFY22

Nuvoco Vistas Corp reported a INR1300m (US$15.99m) consolidated loss for the July-September quarter (2QFY22-23). The company had reported a loss of INR260m in the corresponding quarter last year...
News - 10 November 2022

Orient Cement Ltd reports loss as costs escalate

Orient Cement Ltd has posted revenue from operations of INR6152m (US$75.5m) in the quarter ended 30 September 2022. This is down from INR7139m in the previous year but up from the INR6161m poste...
News - 10 November 2022

Ramco Cements' profits hit by rising production costs

Ramco Cements Ltd has reported unaudited standalone revenue of INR17,932m (US$220m) in the quarter ended 30 September 2022. This compares with INR17,793m in the previous quarter and INR15,010m i...
News - 10 November 2022

Anjani Portland Cement sees revenue slip and profits tumble

India's Anjani Portland Cement Ltd has reported standalone revenue from operations of INR1068m (US$13.05m) in the quarter ended 30 September 2022, compared to INR1047m in the same period a year ...
News - 09 November 2022