Dalmia Bharat posts 4Q net profit of INR240m
Dalmia Bharat reported a consolidated net profit of INR240m (US$3.2m) for the fourth quarter ended 31 March 2020. The company posted a net profit of INR2.63bn in the January-Mar...
India
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Telangana producers asked to cut prices
Telangana’s Minister of Municipal Administration, KT Rama Rao, and Prashanth Reddy held a meeting with cement industry leaders to ask them to reduce prices to INR230/bag so that...
Saurashtra Cement shuts down kiln for maintenance
India's Saurashtra Cement has shut down its kiln and all the relevant downstream equipment situated at its Ranavav plant, Gujarat, for maintenance operations. The maintenance pr...
UltraTech Cement reduces capex plans to INR10bn in FY20-21
India’s UltraTech Cement has announced that it will be restricting its capital expenditure plans to INR10bn (US$132.42m) during the current fiscal year, following the disruption...
Nuvoco Vistas Corp sets water and energy consumption goals
Jayakumar Krishnaswamy, managing director of Nuvoco Vistas Corp Ltd, announces new sustainability goals for the company on World Environment Day On the occasion of 'World Enviro...
Birla Corp subsidiary opts for ABB Ability Expert Optimizer
Birla Corp subsidiary RCCPL will employ ABB Ability™ Expert Optimizer and other digital technologies to maximise production at its new cement plant at Mukutban in Maharashtra, I...
Sagar Cements sees 17% fall in revenue
India’s Sagar Cements has reported a 94 per cent decline in consolidated net profit to INR11.8m (US$156,598) in the final quarter of FY19-20, compared to INR187.5m in the corres...
Prism Johnson sees 61% fall in net profit
India’s Prism Johnson Ltd, formerly known as Prism Cement, has reported a 61 per cent fall in standalone net profit to INR564.5m (US$7.47m) in the FY19-20, compared with INR1.46...
Birla Corp posts 52% rise in net profit
India’s Birla Corp has posted a 52 per cent YoY surge in net profit to INR1.95bn (US$25.76m) in the quarter ending 31 March 2020, while total income was down 9.4 per cent to INR...
Bangladesh opens new ports of call with India to increase trade
Bangladesh and India have added five more ports of call to its existing six and two Indo-Bangladesh Protocol (IBP) water routes. The move would help reduce transport cost in exp...