Cement News tagged under: CK Birla Group

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Orient Cement sees revenue expand 17% YoY

13 November 2023, Published under Cement News

Orient Cement, part of the CK Birla Group , has reported total income of INR7222.4m (US$86.6m) in the 2QFY24, ended 30 September 2023. This marks a 16.5 per cent increase on the same period a year earlier. Net profit in the September 2023 quarter came in at INR246.2m, compared to a net loss of INR94.9m in the 2QFY23.  The quarter also saw the company approve a reduction in the solar power plant capacity for its Jalgaon plant from 5.5MWdc to 3.7MWdc to help maximise return on investme...

Orient Cement reports INR99.87bn net profits

18 May 2021, Published under Cement News

Orient Cement Ltd (CK Birla group) has reported an over two-fold jump in net profit at INR99.87bn (US$1.36bn) in the fourth quarter ended March 2021. It had posted a net profit of INR44,060m for the January-March quarter a year ago. Its revenue from operation rose 27.06 per cent to INR831,610m during the quarter as against INR654.520m in FY4Q2020 For the fiscal year 2020-21, Orient Cement’s net profit rose to 214,180m It was INR86,580m in the previous year.

Orient Cement reports 2Q17 net profit of US$1.57m

03 November 2017, Published under Cement News

Orient Cement (CK Birla group) reported a net profit of INR101.5m (US$1.57m) in the second quarter ended 30 September. The company had reported a net loss of INR293.9m in the year-ago quarter, Orient Cement said in a BSE filing. Revenue from operations was at INR5230.7m during the quarter under review as against INR4449.3m in the same period last fiscal. Total expenses during the second quarter were at INR5139.3m as compared to INR4957.8m in the corresponding period last fiscal, t...

India: Orient Cement reports loss of US$166.9m for 3Q ended 31 Dec

06 February 2017, Published under Cement News

CK Birla group firm Orient Cement today reported narrowing of its net loss on standalone basis to INR11,210m (US$166.9m) for the third quarter ended on 31 December 2016.

 It had reported a net loss of INR12,910m in the year-ago period, Orient Cement said in a BSE filing. The firm's total income jumped 33.7 per cent to INR529,260m during the quarter under review from INR395,850m last fiscal. Orient Cement's total expenses saw a rise of 29.87 at INR514,370m as against INR396,050m in the...