Cement News tagged under: Saurashtra Cement Ltd
Saurashtra Cement 1Q20 net profit rises to INR66.2m19 May 2020, Published under Cement NewsSaurashtra Cement reported a net profit of INR66.2m (US$0.87m) in the quarter ended March 2020 as against a net loss of INR55m in the year-ago quarter ended March 2019. Sales rose 10.2 per cent to INR1.76bn in the quarter ended March 2020 from INR160.61bn in the previous year's equivalent quarter. For the full year ended March 2020, net profit reported was IBR565.1m against net loss of INR492m during the previous year ended March 2019. Sales declined 2.2 per cent YoY to INR6.08bn in FY19-... |
Indian Saurashtra Cement resumes cement production in Gujarat06 April 2020, Published under Cement NewsAs the impact of COVID-19 appears to be subsiding in India, the domestic cement industry is planning to resume cement production with the state government's permission under all possible precaution measures. Saurashtra Cement has informed Bombay Stock Exchange Ltd on 5 April that the company has received permission from the state government of Gujarat in accordance with the guidelines of the central government. India's federal government said that production units with the need for a continu... |
Saurashtra Cement reports net loss of INR6.7m18 February 2019, Published under Cement NewsIndian cement producer Saurashtra Cement saw its net profit fall to INR6.7m (US$93,790) in the quarter ended December 2018 when compared with INR33.2m in the year-ago period. Sales rose 11.3 per cent to INR1.585bn in the October-December 2018 from INR1.424bn in October-December 2017. |
Saurashtra announces rise in 3Q sales but drop in 3Q profit20 August 2018, Published under Cement NewsSaurashtra Cement reported a 78.4 per cent decline in its net profit to INR49.3m (US$706,959) in the quarter ended June 2018 from INR228.2m in the year-ago period. Sales advanced 20.8 per cent to INR1.68m in the April-June 2018 period. In April-June 2017 sales reached INR1.391bn. |
Saurashtra Cement records 43% net sales increase29 May 2018, Published under Cement NewsIndia's Saurashtra Cement Ltd has reported a 43 per cent YoY increase in net sales for the 4QFY18, rising to INR1.82bn (US$26.7m) from INR1.27bn in the year-ago period. Net profit saw a 486.2 per cent surge in the same period to finish at INR260m, with the result attributed to a tax credit. In the full-year period ending 31 March 2018, the company reported a 12.6 per cent YoY rise in net sales, while net profit advanced 349.4 per cent to INR139m. |
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