Cement News tagged under: Sanghi Cements

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Sanghi Cements results hit by finance costs

22 May 2023, Published under Cement News

Sanghi Industries Ltd , which owns Sanghi Cement, has recorded total income of INR9478.1m (US$114.5m) in the year ended 31 March 2023. This compares to INR11,405.2m in the same period a year earlier. The company has reported a loss of -INR3257m in the year ended 31 March 2023, versus a profit of INR406.2m in the previous year. Total expenses over the same time frame have jumped from INR10,837.7m to INR12,735.1m, with finance costs advancing from INR819.6m to INR2381.7m. Meanwhile, earnin...

Sanghi Cements plans floating cement terminal

12 September 2017, Published under Cement News

Sanghi Cements is considering setting up a floating terminal at Kochi Port as part of expanding its coastal movements to south Indian markets. A team from the company is scheduled to travel to Kochi to firm up plans on the project. Once the project becomes operational, Kochi Port will be the first major port in the country to have a floating cement terminal,” AV Ramana, deputy chairman of the port, said. Sanghi Cements has similar facilities in the minor ports of Kutch and Navlakhi in Gujar...