NTPC begins the bulk supply of fly ash from new unit
NTPC, India’s largest energy conglomerate, has begun the bulk supply of fly ash to cement plants from its new Rihand project in Uttar Pradesh. "NTPC Ltd has developed an infrast...
India
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JK Lakshmi Cement reports 6% dip in net profit
India’s JK Lakshmi Cement saw a 5.8 per cent YoY decline in consolidated net profit to INR506.3m (US$6.76m) for the June quarter, against INR537.5m in the year-ago period. Reven...
Ramco Cements aims to be debt-free in three years
India’s Ramco Cements has announced plans to become debt-free in three years, while noting that FY20-21 will be a challenging year for the company. "While the initial few months...
Chairman reflects on tough period at UltraTech Cement's AGM
Kumar Mangalam Birla, chairman of UltraTech Cement (Aditya Birla Group), opened the 20th Annual General Meeting on 12 August 2020, via video conferencing and reflected on the co...
Star Cement reports 36% fall in total income
India’s Star Cement has reported a 36.4 per cent YoY fall in total income to INR2.98bn (U$39.77m) in the first quarter of the FY20-21, compared with INR4.68bn in the year-ago pe...
Shree Cement sees 14% fall in net profit
India’s Shree Cement has seen a 13.5 per cent YoY fall in net profit to INR3.3bn (US$44.17m) for the June quarter of FY20-21, compared with INR3.82bn in the year-ago period. Rev...
Birla Corp to expand Durgapur grinding unit
India's Birla Corp, owned by MP Birla Group plans to expand the existing capacity of its grinding plant at West Bengal’s Durgapur by installing an INR725.7m (US$9.69m) cement gr...
Dalmia Bharat posts 24% YoY increase in net profit
India’s Dalmia Bharat has reported a 23.7 per cent YoY rise in consolidated net profit to INR1.88bn (US$25.08m) for the quarter ending June 2020, compared with 1.52bn in the yea...
Mangalam Cement commissions 11MW WHR plant
India’s Mangalam Cement has fully commissioned its 11MW waste heat recovery unit at its plant in Morak, Rajasthan. It had initially put 5.15MW of capacity into operation on 15 J...
JK Lakshmi sees 13% rise in net profit
India’s JK Lakshmi Cement posted a 12.9 per cent increase in net profit to INR446.4m (US$5.96m) for the 1QFY20-21, compared with INR395.4m last year. However, it noted that sale...