India

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India: JK Cement net profits climbs 182%

India: JK Cement net profits climbs 182%

On a stand-alone basis, JK Cement’s net profit was reported at INR410m (US$6.14m) for the July-September quarter, a 182 per cent increase from the INR145.4m net profit recorded ...

OCL India 2Q net profit up 154% to INR860m

OCL India 2Q net profit up 154% to INR860m

OCL India Ltd reported a 154 per cent surge in in net profit to INR857.1m from INR336.9m for the quarter ended 30 September 2016 as the company derived a higher income from oper...

India: JK Lakshmi approves raising INR5bn

India: JK Lakshmi approves raising INR5bn

A JK Lakshmi Cement board meeting held on 26 October approved the raising of INR5bn (US$74.7m) through the issuance of non-convertible debentures (NCDs) on private placement bas...

India: production resumes at Malabar Cements

India: production resumes at Malabar Cements

Malabar Cements Ltd resumed production on Monday, 24 October, following the stoppage of its operations on 10 September due to the non-availability of raw materials. Production w...

India: ACC commissions Sindri grinding unit

India: ACC commissions Sindri grinding unit

ACC Ltd's 1.35Mta Sindri cement grinding unit in Jharkhand, which is a part of the Jamul Integrated project, has also been commissioned and commercial production has commenced w...