UltraTech
UltraTech has posted a 19 per cent YoY increase in its net sales in 3QFY19 with consolidated sales coming in at INR92,580m (US$1.29bn), compared to INR77,790m in 3QFY18. Over th...
India
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Ramco Cements records 15% revenue increase
India’s Ramco Cements Ltd has announced an 18 per cent fall in net profit to INR1.01bn (US$14.18m) for the quarter ending 31 December 2018, compared with INR1.23bn recorded in t...
CMA agrees wage pact with unions
Members of the Cement Manufacturers' Association (CMA) of India and the federation of major trade unions have signed a Memorandum of Understanding (MoU) for a wage pact that cou...
KJS Cement’s expansion aims for June 2019 completion
India-based KJS Cement is implementing an expansion of its clinker and cement capacity located at Amilia Lakhwar village, Satna district, Madhya Pradesh. The plant’s clinker cap...
South Central Railway looks to boost cement freight in FY18-19
India’s South Central Railway (SCR) has set a new target to boost its cement freight to 27.5Mt in the FY18-19, up from 25.82Mt of the previous year. The company has already tran...
UltraTech increases net profits to INR92.6m in 3QFY19
UltraTech reported net sales of INR92,580m (US$1.299bn) in 3QFY19 up 19 per cent from INR77,790m in 3QFY19. Profits before interest, depreciation and tax was INR15,480m, up from...
Shree Cement records 21% revenue increase
India's Shree Cement has announced that its net profit fell 10 per cent YoY in the third quarter of FY18-19 ended 31 December, declining to INR3.01bn (US$42.28m) from INR3.33bn ...
Pakistan cement exported 0.625Mt of cement in December 2018
Pakistan's cement industry received foreign exchange revenue of US$25.89m by exporting 624,714t of cement during the month of December 2018, compared to US$26.77m at 635,192t in...
Work on West Pokot facility set to begin
Cemtech Ltd, a subsidiary of India’s Sanghi Group, has moved construction machinery to begin work on its proposed facility in West Pokot, Kenya, by the end of this month. "We st...
Burnpur Cement reports 61% revenue increase
India’s Burnpur Cement has reported a standalone net loss of INR38.6m (US$542,446) during the third quarter of FY18-19 ended 31 December, widening from INR33.4m a year earlier. ...