Cement News tagged under: Udaipur Cement Works Ltd

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UWCL reports on revenue rise

28 July 2022, Published under Cement News

India's Udaipur Cement Works Ltd (UWCL) has reported unaudited revenue from operations of INR2781.1m (US$34.8m) in the quarter ended 30 June 2022, compared to INR2163.3m in the same period a year earlier. Total expenses over the three-month period came in at INR2594.4m, up from the INR1951.9m seen in the same quarter in 2021. Cost of materials consumed had jumped from INR272.7m in the quarter ended 30 June 2021, too INR318.5m in the same period this year. Meanwhile, power and fuel expen...

Udaipur Cement Works Ltd wins the Greentech sustainability Award 2021

27 December 2021, Published under Cement News

Udaipur Cement Works Ltd (UCWL), a subsidiary of JK Lakshmi Cement Ltd, has won the Greentech Sustainability Award 2021 under the 'Excellence in Affordable & Clean Energy' category. The company won the award after increasing the share of its renewable energy by more than 50 per cent in the total power mix. UCWL prioritised solar and WHR-based power plants over any short-term gains that might have developed from installing a captive thermal power plant. The Whole-Time Director of the compan...

Udaipur Cement receives CRISIL AA/Stable/A1+ rating

05 November 2021, Published under Cement News

Udaipur Cement Works Ltd (UCWL), a subsidiary of JK Lakshmi Cement, has been independently assigned AA/Stable/A1+ ratings to its bank facilities by CRISIL.   AA Rating for its entire long-term existing and proposed borrowings and A1+ for UCWL’s short-term borrowing programme. This long-term rating of UCWL, assigned by CRISIL, is on a standalone basis without any Credit Enhancement (CE) support from the parent company.