Cement News tagged under: JK Lakshmi Cement
JK Lakshmi Cement signs solar power agreement08 February 2023, Published under Cement NewsJK 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 Pahal, Behtar Kal’ campaign that creates awareness about improving energy efficiency and saving the environment . With this initiative, JK Lakshmi Cement will be able to replace 92m units with green electricity in the first year that will help reduce its CO 2 emissions by 73,000t, equivalent to ... |
Udaipur Cement Works orders new VRM09 November 2022, Published under Cement NewsUdaipur Cement Works Ltd ( JK Lakshmi Cement group ) has ordered a Gebr Pfeiffer MVR vertical mill for grinding blended cement with a capacity of 350tph at a target fineness of seven per cent at R45µm. The mill with an integrated high-efficiency classifier of the type SLS 6000 VC will be equipped with a 6680kW drive. A special feature of the grinding system is that the fly ash is not dry but will be delivered with a moisture content of up to 20 per cent. As the grinding plant is located... |
Fuel and power costs hit profits at JK Lakshmi Cement07 November 2022, Published under Cement NewsIndia-based JK Lakshmi Cement Ltd has reported consolidated revenue from operations of INR13,735m (US$166.9m) in the quarter ended 30 September 2022. This compares to INR16,541m in the previous quarter and INR12,088m in the same quarter a year earlier. EBITDA in the September 2022 quarter came in at INR1835m, versus INR2637m in the previous quarter and INR2116m in the same quarter in 2021. Net profit after tax fell from INR872m in the quarter ended 30 September 2021 to INR617.9m in the ... |
JK Lakshmi Cement sees revenue gain28 July 2022, Published under Cement NewsJK Lakshmi Cement has reported unaudited standalone revenue from operations of INR15,510m (US$194.3m) in the three months ended 30 June 2022, compared to INR12,315m in the same period a year earlier. Total expenses over the same period advanced from INR10,871m to INR14,060m with power and fuel expenses rising from INR2413m to INR3659m, and transport, clearing and forwarding charges increasing from INR2483m to INR3120m. EBITDA in the three months ended 30 June 2022 came in at INR2243m, ... |
Rainwater meets UCWL needs09 November 2021, Published under Cement NewsThe awareness of water as an finite resource to be conserved and recycled as much as possible has also been taken into account by the global cement industry for a long time. In India, JK Lakshmi Cement’s subsidiary Udaipur Cement Works Ltd (UCWL) has carried out significant work to make sustainable use of harvested rainwater at its limestone mines in Rajasthan. By Naveen Kumar Sharma and Jitesh Singh Darmwal, Udaipur Cement Works Ltd, India. UCWL Daroli limestone mine pit with harvest... |
JK Lakshmi Cement halts production at its Durg plant05 October 2021, Published under Cement NewsIndia’s JK Lakshmi Cement has suspended production at its 2.7Mta Durg plant in Chhattisgarh, due to a strike called by the state’s Cement Transport Association. Dispatches from the facility, which were substantially reduced from 19 September, have now been completely stopped, according to the company. However, industry-wide negotiations are being held with the state government and the company is hopeful of an amicable solution soon. |
Udaipur Cement Works Ltd plans solar investment to reduce its CO2 footprint04 October 2021, Published under Cement NewsUdaipur Cement Works Ltd (UCWL), a subsidiary of JK Lakshmi Cement Ltd, is ensuring its energy security through increasing its share of solar-based electricity in the total energy mix. The company has been sourcing solar power from a 10.1MW power plant at its premises. During the last two fiscal years, the company consumed about 13,000MWh of green solar power, which mitigated around 10,000t of CO 2 emissions. Furthermore, in line with its Integrated Sustainable Development Policy, t... |
JK Lakshmi Cement reports 37% rise in net profit21 May 2021, Published under Cement NewsIndia’s JK Lakshmi Cement has reported a 37 per cent YoY rise in standalone net profit to INR1.38bn (US$18.99m) for the quarter ending 31 March 2021, compared with INR1.01bn in the year-ago period. Revenue from operations also advanced 24.6 per cent YoY to INR13.22bn, while the EBITDA margin climbed to 20.3 per cent from 19 per cent in the 4QFY19-20. "Despite a hike in the prices of inputs like petcoke, diesel, fly ash and gypsum, JKLC has improved its profitability on account of substantia... |
JK Lakshmi Cement's sales rise 19% in Oct-Dec 202001 February 2021, Published under Cement NewsJK Lakshmi Cement Ltd recorded sales of INR11,928m (US$163.27m) in October to December 2020 compared to INR10,049.5m in October to December 2018, a rise of 19 per cent. JK Lakshmi Cement’s efforts to raise the product mix and improve efficiency parameters combined with increased demand boosted company profitability. EBITDA rose to INR2124.6m in October to December 2020 from INR1665.9m in the same period in the prior year, up 28 per cent. profits before tax stood at INR1271.5m in Octo... |
JK Lakshmi Cement invests in IoT and automation15 January 2021, Published under Cement NewsJK Laksmi Cement (JKLC) has recently invested in IoT and automation. The company applying IoT for key operations such as managing fleet, supply chain, and even for water conservation. It is also looking to automate its logistics operations and supply with the help of a machine learning-based platform. "We have been using AI engines for optimising manufacturing operations at our cement production plants across the country. This year we are committed to successfully piloting an automation p... |