Cement News tagged under: Deccan Cements
Deccan Cements sees revenue decline07 November 2023, Published under Cement NewsIndia's Deccan Cements Ltd has reported total revenue of INR1709m (US$20.52m) in the quarter ended 30 September 2023, down from INR1952m in the previous quarter and INR1822m in the quarter ended 30 September 2022. Profit in the September 2023 quarter came in at INR47.2m, marking a significant drop from the INR141.4m posted in the previous quarter, and down from INR65.6m in the September 2022 quarter. Total expenses declined from INR1732m in the quarter ended 30 September 2022 to INR1633... |
Deccan Cements posts fall in income in FY22-2331 August 2023, Published under Cement NewsDeccan Cements Ltd has reported total income of INR7908.3m (US$95.6m) in the year ended 31 March 2023 (FY22-23), down from INR8022.2m in FY21-22. Net profit after tax contracted from INR875.7m in FY21-22 to INR492.9m the following year, while earnings per share fell from INR62.52 to INR35.19 over the same period. Total expenses before finance costs, exceptional items and tax came in at INR7117.5m in FY22-23, marking an increase from the INR6561.1m seen in FY21-22. Revenue from sales of ... |
Deccan Cements sees profits fall 72%14 November 2022, Published under Cement NewsDeccan 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 company has seen its profits tumble from INR233.3m to INR65.6m, a drop of 71.9 per cent YoY. Profit in the quarter ended 30 June 2022, stood at INR206.7m. Basic earnings per share have declined from INR16.66 in the September 2021 quarter, to INR14.76 in the quarter ended 30 June 2022, to INR4.69 in the... |
Deccan Cements posts fall in revenue for June quarter11 August 2022, Published under Cement NewsIndia’s Deccan Cements Ltd has reported unaudited revenue of INR1940.16m (US$24.4m) in the quarter ended 30 June 2022, compared to INR2242.36m in the same period a year earlier. Profit for the period came in at INR206.77m, down from the INR368.33m seen in the same quarter in 2021. Like so many companies, Deccan Cements has seen its power and fuel costs surge, rising from INR572.41m in the quarter ended 30 June 2021, to INR711.39m in the same period this year. However, freight charges ov... |
Deccan Cements plans plant expansion16 December 2019, Published under Cement NewsIndia’s Deccan Cements has announced plans to expand its integrated cement plant in Suryapet, Telangana, at an investment of INR6bn (US$84.5m). The project will involve the addition of a new 15MW waste heat recovery plant at the existing 18MW coal-based captive power facility. Statutory clearances for the project are being awaited, with work on the project planned for completion within 24 months from zero date. |
Deccan Cements sees four-fold 3Q net profit surge14 February 2019, Published under Cement NewsIndia-based Deccan Cements reported a near four-fold hike in its net profit for the third quarter ended 31 December 2018. Net profit surged to INR329.9m from INR89.5m in the 3QFY18-19. Total income of the company increased from INR1362.1m in the year-ago period to INR5029.2m in the third quarter of the current financial year. Deccan Cements produces OPC, PPC, blended and slag cement as well as generating hydroelectric, wind and thermal power. |
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