India Cements in talks to sell Madhya Pradesh project
India Cements is reportedly in talks with a number of companies over the sale of its project in Madhya Pradesh. India Cements had planned to set up a 3Mta integrated cement plan...
India Cements
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Cement demand getting back on track, says India Cements
Despite the ongoing ressures from rising fuel, power and logistics costs, growing construction activity is expected to put cement demand in India back on track, according to Mr ...
No stopping India's cement capacity rise
India is the second-largest cement market in the world with an increasing population and high development needs. Consequently, the prospects for long-term cement demand growth a...
India Cements reports 35% increase in revenue
India Cements has seen its standalone profit more than double to INR374m (US$5.034m) in the first quarter of FY21-22. Revenue from operations also advanced 35.1 per cent YoY to ...
India Cements recovers in 4QFY21
India Cements has reported a standalone net profit of INR716.3m (US$9.84m) in the final quarter of FY20-21, against a net loss of INR1.11bn in the corresponding period of the pr...
India Cements returns to profit in 3Q
India Cements has reported an INR693m (US$9.48m) net profit for the October-December 2020 period, compared to an INR94.3m net loss in the year-ago quarter. Revenue fell 4.8 per ...
Damani family increases stake in India Cements
Radhakishan Damani and Gopikishan Damani have increased their stake in India Cements during the October-December 2020 quarter. Radhakishan Damani increased his stake by 0.54 per...
New cement association formed for south India
Cement manufacturers in India have formed an association exclusively for southern India. The newly-formed South India Cement Manufacturers' Association (SICMA) is headed by N Sr...
India Cements sees rise in profit for the 2QFY20-21
India Cements has reported a rise in profit to INR714.3m (US$9.63m) for the second quarter of the FY20-21, compared to INR87.2m in the year-ago period. However, the company’s re...
India Cements expects improvement
India Cements’ Managing Director, N Srinivasan, has announced that the company expects an improvement in performance going forwards. "With further relaxation of lockdown measure...