Dalmia Bharat reports 192% increase in net profit
India’s Dalmia Bharat Ltd has reported a 192.3 per cent YoY increase in consolidated net profit for the quarter ending 30 June, rising to INR1.52bn (US$21.82m) from INR520m. EBI...
India
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Wonder Cement completes third line at Nimbahera
India’s Wonder Cement (RK Group) has launched the third line of its facility in Nimbahera, Chittorgarh, taking total capacity to 11Mta. The new capacity was built in one year at...
UltraTech
UltraTech Cement’s merger with Century Cement will reportedly be completed by September this year. Century’s cement business consists of three integrated units, located in Madhy...
Orient Cement sees 249% rise in net profit
India’s Orient Cement has reported a 7.5 per cent YoY rise in total income for the quarter ending 30 June 2019, rising to INR6.91bn (US$100.56m) from INR6.43bn. Net profit for t...
Ambuja Cement records 1.2% increase in standalone net sales
India’s Ambuja Cement (LafargeHolcim) has announced a 1.2 per cent YoY increase in standalone net sales to INR57.59bn (US$834m) for the 1H19. EBITDA rose 2.9 per cent to INR11.6...
Udaipur Cement Works sees 56% surge in revenue
India’s Udaipur Cement Works has reported a 56.4 per cent YoY increase in total revenue for the 1QFY19-20 to INR2.02bn (US$29.3m), against INR1.29bn in the year-ago period. Net ...
ACC records 39% rise in net profit for 2Q19
India’s ACC Ltd (Ambuja Cements) has reported a 38.6 per cent YoY rise in consolidated net profit to INR4.56bn (US$60.26m) for the 2Q19, due to an improvement in operating perfo...
UltraTech's acquisition of Century Cement to be completed soon
India’s UltraTech Cement has confirmed that it will complete the merger of Century Cement in the second quarter of the FY19-20. The only pending approval which remains for the d...
Dalmia Cement to take non-hazardous waste
Dalmia Cement's Ariyalur plant has agreed for the safe disposal of non-hazardous waste from the Golden Rock Railway Workshop (GRRW) in Turuchi, India. Dalmia's cement plant the ...
Ambuja Cement to support cement activities with RMC and aggregate acquisitions
LafargeHolcim-owned Ambuja Cement is looking to acquire capacity in ready-mix concrete (RMC) and aggregates business to fuel growth, according to The Business Standard, citing a...