Cement News tagged under: Burnpur Cement

RSS feed

Burnpur Cement sees income decline YoY

12 February 2024, Published under Cement News

Burnpur Cement Ltd has reported total income from operations of INR407.4m (US$4.9m) in the quarter ended 31 December 2023. This comes to INR433.9m in the previous quarter and INR349.3m in the quarter ended 31 December 2022. The company recorded a loss from continuing operations of INR451.5m for the December 2023 quarter, up from a loss of INR191.5m in the previous quarter and INR207.6m in the quarter ended 31 December 2022. Basic earnings per share declined from a loss of INR2.41 in the q...

Burnpur Cement Ltd acquisition increases UltraTech Cement's capacity

30 November 2023, Published under Cement News

UltraTech Cement has acquired a 0.54Mta cement grinding assets of Burnpur Cement Ltd, located at Patratu in Jharkhand, India, at a consideration of INR169,790m. This investment marks the company’s entry in the state of Jharkhand.   With this acquisition, UltraTech Cement's capacity in India now stands at 133Mta.  

Burnpur Cement posts YoY revenue growth

10 November 2023, Published under Cement News

India’s Burnpur Cement Ltd has posted total revenue of INR434.8m (US$5.22m) in the quarter ended 30 September 2023, up from INR330.3m in the same period a year ago. A loss of INR191.5m was recorded over the September 2023 quarter from continuing operations, versus a loss of INR202.5m in the same period in 2022. Earnings per share have improved from -INR2.35 in the quarter ended 30 September 2022 to -INR2.22 in the same quarter the following year. According to the company, expenses have ri...

Burnpur Cement profits hit by higher costs

10 August 2023, Published under Cement News

India-based Burnpur Cement Ltd has reported total income from operations of INR497.2m (US$6m) in the quarter ended 30 June 2023. This compares to INR469.7m in the previous quarter and INR312.9m in the same quarter a year earlier. The company recorded a loss from continuing operations of INR183.5m in the June 2023 quarter, versus a loss of INR118.9m in the previous quarter, and INR179.2m seen in the quarter ended 30 June 2022. In terms of expenses, these have risen from INR491.4m in the...

Burnpur Cement losses continue

10 February 2023, Published under Cement News

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 same quarter a year earlier. Over the December 2022 quarter a loss of INR207.6m was seen, compared to a loss of INR202.5m in the previous quarter, and a loss of INR53.8m in the December 2021 quarter. Cement sales over the quarter ended 31 December 2022 came in at 84.7Mt In the nine months ended ...

Burnpur Cement reports further losses

14 November 2022, Published under Cement News

India-based Burnpur Cement Ltd has reported total revenue of INR330.3m (US$4.09m) in the quarter ended 30 September 2022. This compares to INR312.9m in the previous quarter and INR337.4m in the quarter ended 30 September 2021. A loss from continuing operations of INR202.5m was seen in the September 2022 quarter, versus a loss of INR179.2 in the previous quarter and a loss of INR183.9m in the comparable quarter a year earlier, reports Dow Jones Newswires. The loss is being attributed to fi...

Burnpur Cement posts net loss in the March quarter

03 June 2021, Published under Cement News

India’s Burnpur Cement has seen an INR158.7m (US$2.17m) standalone net loss in the January-March quarter of 2021, compared to INR1.25bn in the year-ago period. However, net revenue surged 142 per cent YoY to INR432m from INR178.5m in the 4Q19-20. Operating expenses increased 138.7 per cent YoY to INR421.8m from INR176.7m.

Burnpur Cement sees net loss widen in 2Q

12 November 2020, Published under Cement News

India’s Burnpur Cement has seen its standalone net loss widen to INR297.8m (US$3.99m) in the second quarter of FY20-21, against an INR21.3m loss in the 2QFY19-20. However, net revenue advanced 19.3 per cent YoY to INR228.5m from INR191.5m. The company’s operating expenses increased 102.7 per cent to INR362.9m from INR179m in the year-ago period.

Burnpur Cement sees net revenue down 2% YoY

18 August 2020, Published under Cement News

India’s Burnpur Cement has reported a standalone net loss of INR163.9m (US$2.19m) in the first quarter of FY20-21, compared to an INR18.4m loss in the year-ago period.  Net revenue for the company also saw a marginal decrease of 1.9 per cent YoY to INR196.7m from INR200.4m.

Burnpur Cement sees net loss widen in 4Q

25 June 2020, Published under Cement News

India’s Burnpur Cement has seen its standalone net loss widen to INR1.25bn (US$16.53m) in the quarter ending 31 March 2020, compared to an INR31.2m net loss in the corresponding period last year. Net revenue was down 25.7 per cent to INR178.5m from INR240.2m in the 4QFY18-19. However, operating expenses also declined 25.7 per cent YoY to INR176.7m from INR237.8m.