JK Cement estimates cement sales volumes for 1QFY21
India’s JK Cement has estimated that its grey cement sales dropped 20 per cent YoY during the first quarter of FY20-21, compared to the corresponding period of the previous fisc...
India
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Nuvoco wins the FICCI CSR Award 2018-19 for education
Nuvoco Vistas Corp Ltd has won the Federation of Indian Chambers of Commerce and Industry (FICCI) CSR Award 2018-19 in the Education category for their project ‘Shikshit Sunderh...
Sagar Cements sees 23% decline in revenue
India’s Sagar Cements has reported a 23.3 per cent YoY decrease in revenue from operations to INR2.64bn (US$35.19m) in the first quarter of FY20-21, compared with INR3.44bn in t...
Vicat's 1H20 results see consolidated sales of EUR1.3bn
Vicat has announced 1H20 results with consolidated sales of EUR1.304bn, down 2.7 per cent from EUR1.340bn in 1H19. EBITDA reached EUR213m, representing a decline of 6.7 per cent...
LafargeHolcim records net sales of CHF10.7bn in 1H20
LafargeHolcim recorded net sales of CHF10.693bn (US$11.7m), a decline of18.1 per cent compared to the prior year of CHF13.059bn, reflecting the severe impact of the implementati...
UltraTech Cement's consolidated net sales reach INR75,630m in 1QFY21
UltraTech Cement Ltd’s (Aditya Birla Group) consolidated net sales reached INR75,630m (US$1.01bn) in the 1QFY21 compared to INR112,290m in the 1QFY20. Profit before interest, de...
India Cements post 77% drop in 1Q net profit
India Cements reported a 76.5 per cent fall in its net profit to INR169.6m (US$2.3m) in the first quarter of FY20-21 from INR722.1m in the 1QFY19-20. Total income declined 48.3 ...
Indian demand expected to fall 25% in FY21
Cement demand in India is forecast to contract by up to 25 per cent in FY20-21 due to the coronavirus lockdown and subsequent specific restriction on construction activities, ac...
ACC reports 40% fall in net profit
India’s ACC (LafargeHolcim) has reported a 40 per cent YoY decline in consolidated net profit to INR2.71bn (US$36.2m) in the first quarter of FY20-21, compared to INR4.55bn in t...
Orient Cement evaluates COVID-19 impact on operations
India's Orient Cement Ltd estimates that it lost around 225,000t of cement sales towards the end of the FY19-20 due to the COVID-19 pandemic, which may have an impact of up to I...