India

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Anjani Portland Cement posts 111% rise in profit

Anjani Portland Cement posts 111% rise in profit

India’s Anjani Portland Cement has reported a largely stable total income in the full-year period ending 31 March 2021, reaching INR4.14bn (US$56.9m) from INR4.13bn in the FY19-...

Shree Cement records 22% revenue increase

Shree Cement records 22% revenue increase

India’s Shree Cement has posted a 22.2 per cent YoY increase in standalone revenue from operations to INR39.31bn (US$540.6m) in the quarter ending 31 March 2021, against INR32.1...

India Cements recovers in 4QFY21

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...

Ramco Cements posts 47% rise in net profit

Ramco Cements posts 47% rise in net profit

India’s Ramco Cements has reported a 47 per cent rise in net profit to INR2.14bn (US$29.4m) in the final quarter of the FY20-21, compared to INR1.46bn in the year-ago period. Ne...

OPGC to supply fly ash to ACC Ltd

OPGC to supply fly ash to ACC Ltd

Following the supply of fly ash to Star Cement Ltd located in Assam, Odisha Power Generation Corp Ltd (OPGC) has commenced dispatch of fly ash to ACC Ltd. About 3450t of fly ash...

JK Lakshmi Cement reports 37% rise in net profit

JK Lakshmi Cement reports 37% rise in net profit

India’s JK Lakshmi Cement has reported a 37 per cent YoY rise in standalone net profit to INR1.38bn (US$18.99m) for the quarter ending 31 March 2021, compared with INR1.01bn in ...

Indian demand set to decline 20% in June quarter

Indian demand set to decline 20% in June quarter

Indian cement demand in the April-June 2021 quarter is expected to drop by 20 per cent as a result of localised restrictions related to COVID-19 cases in the country, according ...

Orient Cement reports INR99.87bn net profits

Orient Cement reports INR99.87bn net profits

Orient Cement Ltd (CK Birla group) has reported an over two-fold jump in net profit at INR99.87bn (US$1.36bn) in the fourth quarter ended March 2021. It had posted a net profit ...

Penna Cement refiles for IPO

Penna Cement refiles for IPO

India’s Penna Cement Industries has refiled for its initial public offering to raise INR13bn (US$177.5m) through fresh equity shares while its promoters would raise INR2.5bn thr...