Orient Cement features in The Economic Times' Iconic Brands 2021
Orient Cement, one of India’s leading cement manufacturers and home to brands Birla.A1 Premium Cement and Birla.A1 StrongCrete, has featured in the fourth edition of The Economi...
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Birla Corp consolidated net profit rises to INR1420m in FY1Q21
Birla Corp Ltd has reported a consolidated net profit of INR1425.1m (US$19.08m) in the 1QFY21-22 ended June 2021, which is 115 per cent higher over the corresponding quarter of ...
Orient Cement posts 246% YoY rise in profit
India’s Orient Cement has posted a 17 per cent QoQ decline in operating revenue to INR6.9bn (US$92.95m) in the first quarter of FY21-22, compared with INR8.32bn in the previous ...
Ambuja Cements plans 1.5Mta Ropar expansion
India’s Ambuja Cements has announced plans to expand capacity at its Ropar plant in Punjab over the next two years, representing an investment of INR3.1bn (US$41.68m). The 1.5Mt...
JSW Cement partners with new investors to accelerate growth
India-based JSW Cement has entered into definitive agreements to raise up to INR15.000bn (US$201.2m) from two global private equity investors, Apollo Global Management Inc (thro...
Shree Cement about to start building West Bengal grinding plant
Shree Cement is preparing to start work on its INR6bn (US$80.5m) grinding unit in Bengal within a month. The new plant will have a cement grinding capacity of 3Mta which will ra...
Ambuja Cement records net sales of INR33.4bn
Ambuja Cement recorded net sales of INR33.420bn (US$448.9m) in the April-June 2021 quarter 2021, up from INR21.450bn in the same period last year. Sales volumes for the 2Q21 rea...
UltraTech Cement announce net sales of INR116.9bn
UltraTech Cement Co reported that its consolidated net sales in 1QFY22 reached INR116.9bn (US$1.57bn) compared to INR76bn over the corresponding period of the previous year. Pro...
Nuvoco Vistas receives approval for its IPO
Nuvoco Vistas Corp Ltd has received approval of capital markets regulator Sebi to launch its INR15bn (US$679.35m) initial public offering (IPO). The Indian cement producer has a...
ACC Ltd records 2Q21 profits after tax of INR5.69bn
ACC Ltd (Holcim group) has reported 2Q21 profits after tax of INR5.69bn (US$76m) up from INR2.71bn in 2Q20. In the April-June 2021 period under review, ACC Ltd recorded an EBITD...