Anjani Portland records 15% net sales increase
India’s Anjani Portland Cement has reported a 15 per cent increase in net sales to INR1.05bn during the 2QFY18-19 ended 30 September, rising from INR912.9m of the year-ago perio...
India
2,878 posts · Page 153 of 288
JK Lakshmi reports 41% fall in net profit
India’s JK Lakshmi Cement has reported a 41 per cent YoY fall in net profit for the 2QFY18-19 ended 30 September, to INR78.1m (US$1.08m) from INR132.3m. However, total income ro...
Mangalam Cement records 22% income increase
India-based Mangalam Cement Ltd has announced a 22.4 per cent YoY increase in total income to INR2.91bn (US$40.3m) for the 2QFY18-19, rising from INR2.38bn. Net profit advanced ...
UltraTech's bid for Binani approved by NCLAT
A bid submitted by India’s UltraTech Cement to acquire Binani Cement has received approval from the National Company Law Appellate Tribunal (NCLAT). A two-member bench of NCLAT,...
Votorantim Cimentos sells 75% share in Shree Digvijay Cement
Votorantim Cimentos has agreed the sale of its 75 per cent stake in Shree Digvijay Cement Co Ltd (SDCCL) to Indian private equity firm True North. The sale requires the completi...
Star Cement records 45% rise in net profit
India’s Star Cement Ltd has reported a 28.7 per cent YoY rise in net sales to INR3.62bn (US$49.98m) for the 2QFY18-19 ended 30 September, from INR2.81bn of the year-ago period. ...
The EPA closes Kiln Line A at Kohat Cement
Kohat Cement has been made to close Line A at its cement factory in Kohat, Khyber Pakhtunkhwa, Pakistan, having been found to be in violation of the permissible dust emissions b...
India Cements reports 94% YoY drop in net profit
India Cements posted a net profit of INR14.3m for the 2QFY18-19, ended 30 September 2018. This represents a 94 per cent fall when compared with a net profit of INR23.67m in the ...
ACC adopts solar power for Kudithini and Thondebhavi grinding mills
ACC Ltd (LafargeHolcim group) has adopted the use of solar power in the cement manufacturing process at its grinding units in Kudithini and Thondebhavi in Karnataka. The intent ...
India’s changing trajectory Premium
After a period of abnormally-high growth, India’s cement sector has begun to moderate and return to normal levels. Meanwhile, rising fuel and power costs have impacted the profi...